Continuous Bond of Seller (Sales Tax)
The Continuous Bond of Seller bond is a blanket bond that applies to retailers. Retailers and business owners must hold one of these bonds as a prerequisite to getting a license or a permit in the state to conduct their business. Also known simply as a continuous bond of seller, this surety bond acts as a guarantee to the Texas Comptroller of Public Accounts that you will pay sales tax on all items sold within the required timeframe. These bonds are subject to underwriting.
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