Between the Texas Alcoholic Beverage Commission, the State of Texas Comptroller of Public Accounts, and the Travis County Tax Assessor-Collector, there are six tax-related surety bond requirements.
As a direct surety company, Jet writes bonds in a short amount of time while delivering low rates every time. Select the Sales Tax Bond you need below, or call us at 855-296-2663.
The Texas Alcoholic Beverage Commission mandates operational alcoholic beverage business owners to obtain a permit/license. A Conduct Bond, Performance Bond, or Fee Interest Bond is required, depending on the business type.
Texas Sales and Use Tax Permit holders who have a history of trouble paying taxes in a timely manner will be required to file a Continuous Bond of Seller (also known as a Sales Tax Bond).
Qualifying commercial carriers may be required to file an International Fuel Tax Agreement Bond (IFTA Bond) as a guarantee that there is an avenue for the Comptroller to seek due tax payments that a carrier withheld or cannot pay.
Motor fuels suppliers, importers, exporters, distributors, blenders, and permissive suppliers need a Motor Fuels Tax License and surety bond filed with the Texas State Comptroller.
Owners of importing or shipping businesses in the State of Texas that are seeking a customs broker license need to obtain a Customs Broker Bond that is to be filed with the State’s Comptroller of Public Accounts. The bond guarantees financial assurance for the Comptroller that the licensee follows import regulations (paying taxes, fees, etc).
Individuals that arrange, produce, advertise, or stage combative sports events (boxing, wrestling, martial arts) must be registered as a promoter with the Texas Department of Licensing and Regulation. Two bonds are required: a $15,000 Combative Sports Promoter Bond and a $15,000 Combative Sports Gross Receipts Tax Bond.
Businesses selling, preparing, and/or serving mixed alcoholic beverages in Texas are held responsible for their actions by the Comptroller through the use of permitting and the Mixed Beverage Sales Tax and Gross Receipts Tax Bond.
Tax assessors and collectors in Texas must fulfill several requirements before carrying out obligations. One requirement is securing the Bond of Tax Assessor and Collector (Tax Assessor-Collector Bond).