What is a Fuel Tax Bond?
A fuel tax bond is required by companies that need to pay the fuel tax. You can see a copy of one of these bonds here and also here. There are several types of people that need these bonds: Supplier, Permissive Supplier, Distributor, Distributor with Eligible Purchaser Status, Transporter, and Terminal Operator.
Fuel Tax Bond
If you fall into any one of these categories, you are required to get a fuel tax bond. So, the key is to find a bond that is really helpful and that can help you get back to the core part of your business. Finding a good fuel tax bond broker, who can help you find the absolutely best bond for your business, is crucial. A good broker will understand that these bonds may look like a commodity, but instead need to find the surety company that will work best with your business to create a system that is the absolutely best for you.