Liquor Tax Bonds

A liquor tax bond guarantees payment of taxes or fees imposed by state or local law for the sale, manufacture or warehousing of liquor and other alcoholic beverages. The type of surety bond is a financial guarantee that protects the obligee, which is this case is the government entity that requires the bond, from falsified records of sale, or an inability to pay requisite taxes on previous sales.

For a free Liquor Tax Bond quote complete our online application.

Current Market for Liquor Tax Bonds: While many bonding companies can be reluctant to write surety bonds that are financial guarantees, most write liquor tax bonds a little more liberally. Two reasons for this willingness to write liquor tax bonds are that claims are less likely because most principals intuitively set the required taxes aside, and also due to the fact that these bonds are required by the government (state government) vice an obligee in the private sector. Both of these reasons ultimately make bonding companies more comfortable with writing liquor tax bonds, because less risk is typically involved than with other forms of financial guarantee.

High Risk Applicants: If you have poor credit, or no credit at all (new businesses), and are unable to qualify for a liquor tax bond through the standard market, you still may be able to qualify for a high risk program. For more information, see our section on Bad Credit Surety Bond Programs.