The Vermont Fuel Tax Bond is required by the State of Vermont, Department of Motor Vehicles. The bond states that the bondholder shall pay all taxes, penalties, and fines. In addition, the bondholder will render all reports required by Chapter 27 of Title 23 of Vermont Statutes Annotated.
What is the bond amount?
The amount of the Fuel Tax bond is a sum based on an estimate of the tax liability for a two-month period. Not to exceed $700,000.
In order to find out the cost of the surety bond, all we need is the completed application. Surety1 has access to the best surety markets available so we will be able to get you bonded quickly at the best possible price.
Who needs the Vermont Fuel Tax Bond?
Those who engage in business as a Diesel Fuel Distributor must be licensed Applicants shall file an application with the Commissioner. The Fuel Tax bond is one of the licensing requirements.
How do I obtain a Vermont Fuel Tax Bond?
Surety1 can easily get you the bond that you need. In most cases, we can get your bond approved the same day. We also represent over a dozen “A” rated surety companies.
Start the process by completing our easy-to-navigate, free online application form. After that, one of our surety agents will contact you with a no-obligation quote for the bond premium. Once you decide to move forward with us, you just need to pay the bond premium and choose your shipping options. You may choose to have your Vermont Fuel Tax bond mailed through USPS Priority Mail or overnight delivery.
Founded in 2003, licensed in all 50 states, we continue to maintain an A+ rating from the Better Business Bureau.
Call us toll free at 877-654-2327. We have live surety bond agents available Monday – Friday, 8:00 – 4:30 PST. We’re glad to help.