The Louisiana Motor Fuels Tax Bond is required by the Louisiana Department of Revenue, Taxpayer Services Division, Excise Tax Section.
The bond guarantees that the bondholder will pay all taxes, penalties, interest, and cost levied by, accrued, or accruing under said Acts to the Secretary. Surety1 can get this bond approved right away with just a filled out application online!.
Those who need to pay the bond include terminal operators, suppliers, permissive suppliers, importers, exporters, distributors, blenders, and interstate motor fuel users.
Please refer to the table below for the specific bond amount.
|
Minimum Bond requirements |
|
|
Terminal Operator |
$1,000,000 bond |
|
Supplier |
$50,000 bond |
|
Permissive Supplier |
$50,000 bond |
|
Importer |
$20,000 bond |
|
Exporter |
$20,000 bond |
|
Distributor |
$20,000 bond |
|
Blender |
$20,000 bond |
|
Interstate motor fuel user |
$20,000 bond
if not IFTA licensee |
|
Motor fuel transporter |
$0 bond |
|
Aviation fuel dealer |
$0 bond |
Surety1 makes it easy to get a Louisiana Motor Fuels Tax Bond. You get a fast approval and all you have to do is fill out our easy to navigate, free online application form which will only take you a few minutes to answer. Once that is submitted, expect a call from one of our surety agents who will give a quote for your bond.
Once you decide to move forward with Surety1, all you have to do is pay the bond premium and sign the important paperwork. We will then send you your bond via USPS Priority Mail. You can also receive it through overnight delivery, with an additional cost.
Surety1 guarantees a fast and reliable service. We are proud to maintain an A+ rating from the Better Business Bureau. We are licensed in all 50 states.