Alabama is requiring new licensees in the business of selling retail beer, wine or tobacco products to provide a $25,000 two-year Sales Tax Bond as of January 1st, 2020.
Bonds Express offers an Alabama Sales Tax Bond with a 99% approval rate.
A surety bond protects the party requesting the bond, the obligee, against any financial losses as a result of poor financial decisions, damages, unethical decisions, or a failure to follow state and local laws on the part of you, the Principal. The Alabama Sales Tax Bond holds you accountable for your business decisions.
By possessing an Alabama Sales Tax Bond, you are telling your obligee that you can be trusted as a Principal and that you stand behind your business decisions.