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ALCOHOLIC LIQUOR TAX BOND NEBRASKA LIQUOR CONTROL COMMISSION 301 CENTENNIAL MALL SOUTH PO BOX 95046 LINCOLN, NE 685095046 PHONE: (402) 4712571 FAX: (402) 4712814 EMAIL: lcc.frontdesk@nebraska.gov

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What is alcoholic liquor tax bond?

An alcoholic liquor tax bond is a financial guarantee that a taxpayer will pay all required federal, state, and local taxes on alcoholic beverages. It serves as a security for tax authorities in case the taxpayer fails to meet their tax obligations.

Who is required to file alcoholic liquor tax bond?

Individuals or businesses that manufacture, import, or distribute alcoholic beverages are typically required to file an alcoholic liquor tax bond. This includes breweries, wineries, distilleries, and wholesalers.

How to fill out alcoholic liquor tax bond?

To fill out an alcoholic liquor tax bond, taxpayers must provide their business information, including the name, address, and type of business. They must also specify the amount of the bond and include a designated surety or bonding company. It is important to review and follow any specific instructions provided by the relevant tax authorities.

What is the purpose of alcoholic liquor tax bond?

The purpose of an alcoholic liquor tax bond is to ensure compliance with tax laws related to the production and distribution of alcoholic beverages. It protects the government from revenue loss due to non-payment of taxes and ensures that businesses fulfill their tax obligations.

What information must be reported on alcoholic liquor tax bond?

The information that must be reported on an alcoholic liquor tax bond includes the name and address of the principal (taxpayer), the type of business, the amount of the bond, the name of the surety company, and any relevant identification numbers assigned by tax authorities.

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