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...