
|
Sales Tax Bonds
This is required of merchants that sell services or goods of some
description. The obligee in this case is usually the government,
represented by the state the merchant trades in. The sales tax bond
ensures that the sales tax due on all sales will be paid to the
government when required. Should the merchant report their sales
incorrectly or fail to pay the monies due, they should expect a claim on
their bond.
The current market
The sales tax bond is different to many other financial guarantee bonds
in that it rarely requires collateral to back it up.
Does your agency have a special program available for sales tax
bonds?
We can provide surety programs for higher risk clients with bad credit.
Such programs invariably incur higher rates. Please contact us for a
quotation. |
|
|
|
|
|
 |
|