- $0 – $1,000 tax liability = $1,000 Wine Tax Bond
- $1,001 – $49,999 tax liability = Wine Tax Bond equals liability
- $50,000 – $250,000 tax liability = $50,000 Wine Tax Bond
- $250,000 and above tax liability = $100,000 Wine Tax Bond
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 Federal Wine (TTB) Bond holds you accountable for your business decisions.
By possessing a Federal Wine (TTB) Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.