Bond of Seller Bond
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Bond of Seller.This is a bond that may be required of sellers that collect state sales tax. The amounts are usually based on the projected sales of the business.
Penal sums will vary.
Bond of Seller.Depending upon credit this bond can range from 1% to 10% and higher.
There may be an option for financing on bonds with high ratings for clients with challenged credit.
($125 minimum bond fee applies).