Sales Tax Use Bond - Tax Bonds
Posted: September 2, 2019
Sales Tax Use Bond Sales Tax Surety Bond is not a federal surety bond but rather a State surety bond. Is a promise that the merchant will pay sales tax to the oblige (in most cases the state governmental tax department) from all purchases of their good and services. A sales tax bond is considered a financial guarantee surety bond. Failure to pay the required taxes...
Sales Tax Surety Bond
Posted: February 17, 2013
A Sales Tax surety bond is a bond required by many state governments for any business in that jurisdiction that does retail sales, leases and rents goods, or provides other taxable services. It is not a license to purchase goods sales tax free; rather it is a license to collect and remit sales tax to a state or local government. It is typically required by...
What is a Sales Tax Use Bond?
Posted: October 23, 2010
What is a Sales Tax Bond? A Texas sales tax bond is a business license applicant's guarantee to make all required tax payments to the Texas Comptroller of Public Accounts in a timely manner. These are continuous bonds that must be renewed annually to avoid revocation of your business license. A sales tax bond is a surety bond which guarantees that a business will pay sales tax...