Connecticut Non-Resident Contractors are required under the Connecticut General Statutes section 12-430(7)(b) to file a Connecticut Non-Resident Contractor Sales Tax – Single Bond as a condition of licensure.
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 Connecticut Non-Resident Contractor Sales Tax – Single Bond holds you accountable for your business decisions.
By possessing a Connecticut Non-Resident Contractor Sales Tax – Single Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.