The Nevada Sales Tax Payment Bond is required by the Nevada Department of Taxation
What is the purpose of a Nevada Sales Tax Payment Bond?
According to NRS 372.510 and 374.515, a person who obtains a sales tax permit must post security. This security may be in the form of a surety bond, which must be issued by a company licensed to do business in the state of Nevada. The amount of the bond is not set, but if a person files monthly returns the amount required is three times the estimated average tax due monthly. While for those filing quarterly, the estimated amount is twice the estimated tax due. The bond states that the bondholder shall comply with all provisions of Title 32, Chapters 372, 374, 377 and any ordinance adopted pursuant to Chapters 377A or 377B of the Nevada Revised Statutes.
How do I obtain a Nevada Sales Tax Payment Bond?
Complete our easy to navigate online application. Within one business day, one of our licensed agents will contact you with a no-obligation quote for your bond (the “premium”). Once any necessary paperwork is signed and the premium payment is processed, your surety bond will be shipped to you via USPS Priority Mail (overnight shipping options also available).
The surety bond experts at Surety1 are here to help you get bonded quickly and reliably. We work with over a dozen “A” rated surety markets to ensure we find you the lowest rate for your bond. We are also licensed in all 50 states and maintain an A+ rating by the Better Business Bureau.