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Bond of Seller (Sales Tax Bond)

What is a Bond of Seller (Sales and Use Tax Bond)?

A Bond of Seller is a surety bond required for many businesses that sell taxable items in the state. A formula is typically used to determine the bond amount required based on estimated sales tax revenue collected by the business. Applicants should have the bond amount requirement from the state prior to requesting a surety bond quote so we can provide an accurate quote.

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