The Maryland Direct Wine Shipper Bond is required by the Comptroller of Maryland, Revenue Administration Division. The required amount of the bond is the estimated quarterly taxes of the wine shipments, subject to a $1,000 minimum bond amount.
A direct wine shipper is someone who ships wine directly to a consumer in the State of Maryland. Aside from getting a permit, direct wine shippers must also pay their taxes, thus the surety bond is needed. This surety bond is an agreement between the principal (the direct wine shipper), the obligee (the state), and the surety company, who needs to be licensed to operate in the state of Maryland.
The bond states that the bondholder shall promptly file tax returns and reports with the Comptroller of the State of Maryland as required by law, and shall truly pay all alcoholic beverage taxes as they become due.
Surety1 has access to the best surety markets available, so we will be able to get you bonded quickly at a competitive price!
Surety Solutions Insurance Services, Inc. (Surety1) maintains an A+ rating from the Better Business Bureau. The company represents over a dozen “A” rated surety companies and has been providing surety bonds in Maryland since 2003.
To obtain the bond, simply complete the easy to navigate, online application. Within one business day one of our surety agents will contact you with a firm quote for the bond . The next step is to simply pay the bond premium and sign the agreement. Your surety bond will soon arrive through USPS Priority Mail. Overnight delivery is also an option. We offer not just a fast and friendly service, but low prices for all our surety bonds. You can contact us for any surety bond needs as we are licensed in all 50 states.