Also known as a Bond of Seller, the California Sales and Use Tax Bond is required by the California State Board of Equalization requires that those engaged in business as Sellers execute a California California Sales and Use Tax Bond under the California Sales and Use Tax Law found in the Revenue and taxation Code Section 6701.
Bonds Express offers a California Sales and Use Tax Bond with a 99% approval rate.
A surety bond protects the party requesting the bond, the Obligee, against any financial losses as a result of poor financial decisions, damages, unethical decisions, or a failure to follow state and local laws on the part of you, the Principal. The California Sales and Use Tax Bond holds you accountable for your business decisions.
By possessing a California Sales and Use Tax Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.