Texas - Mixed Beverage Gross Receipts Tax — required surety bond in Texas. Apply online in minutes.
The Texas Mixed Beverage Gross Receipts Tax Bond is a financial guarantee required by the state for businesses that sell mixed beverages. It serves as a pledge that the business will properly calculate, report, and pay all applicable gross receipts taxes to the state. If the business fails to pay these taxes, the bond provides a mechanism for the state to recover the owed funds.
This bond is generally needed by business owners in Texas who hold a mixed beverage permit and sell alcoholic beverages for on-premise consumption. Common examples include restaurants, bars, nightclubs, and hotels. Because permit requirements vary, applicants should verify their specific bonding needs with the Texas Comptroller of Public Accounts.
The state requires this bond to protect public tax revenue and ensure compliance with Texas tax regulations. It provides a financial safety net for the state in case a business owner fails to remit their collected mixed beverage gross receipts taxes. By requiring the bond, the obligee guarantees that taxpayers will not bear the cost of a business's unpaid tax liabilities.
Click the Apply Now button to complete a secure online application in about 5 minutes with Noah Insurance Agency. If you need assistance during the process, you can reach our nationwide team at 814-718-0060. Once approved and purchased, your bond will be delivered directly to you by email.
Premiums vary based on the required bond amount and the applicant's credit history. Please apply online for an exact quote, as we cannot state specific prices without reviewing your application.
Bond amounts are typically determined by the Texas Comptroller based on your projected or historical tax liabilities. Because requirements vary by business, you must verify your specific required bond amount directly with the issuing agency.
Approval times vary depending on the completeness of your application and individual underwriting factors. Submit a secure online application through Noah Insurance Agency to get your precise timeline and details.
Yes, tax bonds usually need to be renewed to maintain an active permit status, but renewal requirements vary. Always check with the state agency regarding your specific renewal schedule and obligations.
Send us a note or call 814-718-0060 — a licensed agent will confirm the bond amount and requirements for you.
Noah Insurance Agency · Licensed Nationwide