Bond required of manufacturers, retailers; alternative cash or security deposit
Any person engaging in the business of manufacturing or retailing alcoholic beverages. Required when: Before any person shall engage in the business of manufacturing or retailing of alcoholic beverages. Exemptions: Applicants may deposit the equivalent amount of the bond in cash or securities with the State Treasurer …
Overview
What it is.
Any person engaging in the business of manufacturing or retailing alcoholic beverages. Required when: Before any person shall engage in the business of manufacturing or retailing of alcoholic beverages. Exemptions: Applicants may deposit the equivalent amount of the bond in cash or securities with the State Treasurer …
Who usually needs it
Any person engaging in the business of manufacturing or retailing alcoholic beverages.
Pricing & timing
What to expect.
Generic pricing
Tax bonds guarantee payment of taxes or compliance with tax regulations. Typical Pricing:. • Standard tax bonds: Commonly around 1–5% of the bond amount annually. • Credit impact: Good credit: starting around 1–2% · Average credit: typically 2–4% · Credit challenges: often 4–5% or higher. • Credit check: Required for most tax bonds. Common types include sales tax bonds, fuel tax bonds, and cigarette/tobacco tax bonds. Quick approval is typical for applicants with good credit. Some tax bonds…
Typical timeframe
Credit-based approval — typically 1–2 business days
Application
What to do next.
Tell us the bond name, state, and amount on your form.
Share business and applicant info so the team can quote it.
Sign and pay; we issue the bond and send you the documents.
Keep your effective date and renewal date on file with us.
Start the application.
You are on the exact bond page. The next step is to start the quick application.
StateMSBond amount$5,000Term lengthContinuousObligeeMississippi Department of Revenue, Alcoholic Beverage Control DivisionRenewalThe bond remains in effect as long as the business sells alcoholic beverages. The Department of Revenue may waive the bond requirement for permit holders whose accounts are in good standing.Bond classTax BondCategoryAlcohol & BeverageBondBond required of manufacturers, retailers; alternative cash or security depositStatutory referenceMiss. Code Ann. § 27-71-21JurisdictionState
