What is a sales tax bond?
Sales Tax Bonds are obtained in order to guarantee that merchants will pay the required sales taxes to state governments for the sale of their goods or services. Claims can arise in the event that a merchant fails to pay sales taxes to their specific state government (obligee) in a timely fashion.
Common examples of Sales Tax Bonds are:
- Bond of Seller (CA)
- Continuous Bond of Seller (TX)
- Combative Sales Tax and Use Bond
- Sales & Use Tax Permit Bond
Ready to apply? Get a free Sales Tax Bond quote by completing our fast, simple online application.
Current Market Sales Tax Bonds: One major difference between sales tax bonds and other commercial bonds associated with financial guarantee is that sales tax bonds are currently written without a requirement for collateral.
About Our Programs: If you currently suffer from bad credit, or are otherwise considered a high risk applicant, you should consider one of our Bad Credit Surety Bond Programs. While the rates are higher for these programs due to the increased probability of a claim arising for high risk applicants, they can help many customers get bonded who otherwise would not be able to do so.