If you are engaged in the manufacturing of malt or brewed beverages for sale in Pennsylvania, you are required under the Malt Beverage Tax Law of May 5, 1933, P.L. 284 as amended to file a Pennsylvania Malt Beverages Tax Bond as a condition of licensure.
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 Pennsylvania Malt Beverages Tax Bond holds you accountable for your business decisions.
By possessing a Pennsylvania Malt Beverages Tax Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.