A Pennsylvania Salver Bond, or Pennsylvania Sales Tax Bond is a type of surety bond required by the Commonwealth of Pennsylvania for any person or entity that sells tangible personal property at retail, auction, or otherwise, and who collects sales or use tax from the purchaser. The bond amount required is $10,000 for each location. The bond guarantees that the retailer will remit all sales and use taxes collected to the Commonwealth in a timely manner.
The following entities are required to obtain a Pennsylvania Salver Surety Bond:
- Retailers who sell tangible personal property at retail
- Auctioneers who sell tangible personal property at auction
- Any other person or entity who collects sales or use tax from the purchaser of tangible personal property
The Pennsylvania Department of Revenue administers the Sales Tax Bond program. For more information on the program, please visit the department’s website.
How to get a Pennsylvania Salver Bond
At Surety1.com we make it easy to obtain a Pennsylvania Sales Tax Bond. Our simple, three step process is:
- Complete the easy to navigate and secure online application. 1
- Review the free, no obligation quote from one of Surety1’s professional surety bond agents, usually within one business day.
- Sign some paperwork and pay the bond premium
Once these steps have been completed, the Surety Bond will be shipped to the bond applicant. The cost of the bond is usually between 1% and 3% of the bond amount, subject to a minimum premium and fees of $150 to$250. Surety1 will shop its many markets to procure the best price at the right terms.
1 -The name of the applicant on the surety bond application must match exactly the full legal business name of applicant for the license.
Surety1.com is a service of AssuredPartners one of the largest and fastest growing insurance agencies in the nation. Representing over a dozen surety bond companies, Surety1.com is the premier online provider of surety bonds nationwide since 2003.
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How to Get Your Pennsylvania Salver 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.