If your business currently holds a tax warrant or has an outstanding tax liability of $2,500 or more, the Florida Department of Revenue will require you to obtain a Sales and Use Tax Bond before your registration as a certificate holder may be reinstated.
The Sales and Use Tax Bond acts as a financial assurance to the Department that the business owner will comply with all sales and use tax regulations. If the certificate holder fails to fulfill applicable taxes, surtaxes, or any other fees (e.g. surcharges, interest, penalties, administrative collection processing fees, etc.), the surety bond will act as means of restitution for the Department by covering these overdue charges.
Further details on who needs a Sales and Use Tax Bond can be found on the Department’s Sales and Use Tax webpage, as well as in Title XIV, Chapter 212 of the Florida Statutes.
If you are interested in purchasing the Sales and Use Tax Bond, simply select the “Apply for Your Bond” button above or call the Jet team at 855-296-2663 to get started.