Texas Motor Fuels Tax Permit Surety Bond

Bond Information

What Is A Texas Motor Fuels Tax Permit Surety Bond?

A Texas Motor Fuels Tax Permit Surety Bond is a guarantee that the Texas Tax Code will be followed.

The Motor Fuels Tax Permit Surety Bond is required by the Texas Comptroller of Public Accounts. The comptroller of Public Accounts determines the correct bond amount you are required to have with a minimum of $10,000 and a maximum of $600,000. The bond amount is required to be 2 times the maximum amount of tax liability that could accrue during a reporting period or accrue on purchased tax-free gasoline. The bond states that the supplier, importer, exporter, or blender will follow all provisions of the Texas Tax Code and pay the Comptroller of Public Accounts all taxes including penalty, interest, and costs accruing under the Tax Code. If the bond holder violates any of these regulations the surety company will cover damages up to the bond amount. The bond holder then must pay back the surety company for any damages paid out.

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How Much Does a Texas Motor Fuels Tax Permit Surety Bond Cost?

The Cost Of This Bond Starts As Low as $100 For The Year Based Off Of Personal Credit And The Requested Bond Amount.

Our licensed experts are able to search multiple bond markets on your behalf to keep your costs as low as possible. The majority of these bonds cost as low as $100 a year with a completed application.

Fill out our easy one page application to receive your quote quickly.

Why Should I Buy My Texas Motor Fuels Tax Permit Surety Bond from SpeedySuretyBonds.com?

We are surety bond experts and are able to approve your Texas Motor Fuels Tax Permit Surety Bond quickly and at the best rates available.

We understand the unique requirements for the Texas Motor Fuels Tax Permit Surety Bond and have extensive experience working with the Texas Comptroller of Public Accounts. We will always work on your behalf to find the best deal possible. We provide excellent service by phone and email, and will remind you when it's time for renewal so you can remain in compliance.

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