Utah Businesses responsible for collecting State Sales Tax may be required under the Utah Code Annotated Title 59. Chapter 10. Part 4 to file a Utah Withholding Tax Surety Bond as a condition of licensure.
Bonds Express offers a Utah Withholding Tax Surety 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 Utah Withholding Tax Surety Bond holds you accountable for your business decisions.
By possessing a Utah Withholding Tax Surety Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.