If you are licensed in Maine and are required to pay excise taxes under MRSA Title 28-A, Section 1405, you are required to file a Maine Excise Tax Guaranty Bond as a condition of licensure.
Bonds Express offers a Maine Excise Tax Guaranty 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 Maine Excise Tax Guaranty Bond holds you accountable for your business decisions.
By possessing a Maine Excise Tax Guaranty Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.