The Federal Distilled Spirits Winery surety bond is required by the TTB. The bond is in force to help ensure that your company follows all laws and regulations including paying any penalties and taxes due to occupational and rectification taxes.
The surety bond amount can be split into two different categories:
“Wine Operations” – covers tax liability of wine and wine spirits on hand and in transit to premises.
“Tax Deferral” – covers tax which has been determined, but not yet paid, on wine removed from the bonded premises for consumption or sale.
The TTB will inform you what the bond amounts of each category should be.
If the TTB feels you have wronged them in a financial matter they can file a claim with your surety company. The claim will be researched and if the surety company pays out, you must pay them back.
Surety1 has access to the BEST markets available so we’re able to get you a firm quote no matter your situation.
How to Get Your Federal Distilled Spirits / TTB Surety Bond
- Complete an online application. It’s free and no-obligation.
- One of our surety experts will contact you with a firm quote and an agreement to sign.
- Provide payment and your signed agreement, and then you will receive your Surety Bond!
If you have any questions, please call us at 877-654-2327.
Surety1 was founded in 2003 and helps thousands of clients find the best prices on their surety bonds. We take pride in our work so that we can give you great service. Learn more about Surety1.