Fuel Tax Bond
What is a Fuel Tax Bond?
A Fuel Tax Bond is a type of License & Permit bond that ensures that fuel suppliers, distributors, and retailers pay the required taxes and fees.
Protects the government’s interest in collecting fuel-related taxes and fees.
Required for businesses in the fuel industry to ensure compliance with tax laws and regulations.
Applicant’s personal or business information, credit history, bond amount, and fuel license details.
Based on credit history and bond amount, usually 1-5% of the bond amount.
