What are alcohol bonds
What is a Liquor Tax Bond? … These bonds are also referred to as Alcohol Ordinance Tax Bonds, Beverage Tax Bond, Brewer’s Bond, Distilled Spirits License Bond, Liquor License Bond, Malt Beverage License Bond, and Wine Bond. Questions about Alcohol & Liquor Tax Bonds.
The alcohol bond, also known as a liquor bond, is a type of tax bond that guarantees the payment of taxes on all transactions with liquor. Thus it protects the authority requiring it, in case you are unable to pay collected taxes or you keep fraudulent records.
An alcohol surety bond, also known as a liquor license bond or alcohol tax bond, is a type of compliance license bond. … Some of these are: Alcohol manufacturing, warehousing, wholesaling, and transporting bonds as well as liquor license bondsfor retailers that serve alcoholic beverages.