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Surety Bond Details
Cost: Depends on applic...
Liquor Wholesalers Bond | ||
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Category: | Alcoholic Beverage & Tobacco Tax | |
Obligee: | State Revenue Commissioner – Dept of Revenue | |
Amount: | Varies | |
Duration: | Stated on Bond | |
Expiration: | 31-Dec |
Georgia Liquor Wholesalers Bond A wholesaler is an intermediary entity in the distribution channel that buys in bulk and sells to resellers rather than to consumers. In its simplest form, a distributor performs a similar role but often provides more complex services. Distributors and wholesalers often work together as channel partners.
The Georgia Liquor Importer Tax Bond is a surety bond required by the Georgia Department of Revenue for any business that imports liquor into the state for resale. This bond ensures that the importer will comply with all state laws and regulations related to the importation and sale of liquor and will pay all taxes and fees owed to the state. Failure to comply with these requirements can result in the revocation of the importer's license and other penalties.
Features:
- Required by the Georgia Department of Revenue for liquor importers
- Protects the state and consumers from non-compliance and unpaid taxes
- Can be obtained through a licensed surety bond provider
Benefits:
- Allows liquor importers to operate legally in the state of Georgia
- Assures the state and consumers that the importer will comply with all laws and regulations
- Helps to prevent fraud and other illegal activities in the liquor industry
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