Bond required for gross receipts tax liability
Every holder of a mixed beverage, beer and wine, caterer, public event, or special event license issued by the ABLE Commission. Required when: Required as a condition precedent to the issuance of a mixed beverage tax permit. Exemptions: A license or permit holder is exempt from the bond requirement if they have held t…
Essential point: Pin down whether this is your bond, then start the application. Ava can confirm the right state and license type if you are not sure.
Amounts can vary
Selected requirement: "The Tax Commission fixes the amount based on estimated gross receipts tax liab…. Other available requirements: "The Tax Commission fixes the amount based on estimated gross receipts tax liability. The bond must be no less than the average estimated quarterly gross receipts tax liability and no greater than three times that amount. The minimum bond …. Exact options still depend on the obligee, state, and underwriting.
