North Carolina Alcohol Tax Bond Guide
Learn how alcohol permit and tax bonds work in North Carolina with this complete guide for alcohol-related businesses.
Quick Bond Facts
- Purpose: To ensure businesses comply with state and local liquor licensing regulations and guarantee payment of excise alcohol taxes
- Who Needs It: Alcohol sellers, distributors, importers, transporters and manufacturers registering for a state license plus liquor licensees in Wake County
- Regulating Body: The North Carolina Alcoholic Beverage Control Commission or local licensing authority
- Required Amount: Varies based on the bond type and/or amount of annual tax liability
- Premium Rates: Some bonds are a flat rate of $100 while others are 1–10% of the bond amount
What Are North Carolina Alcohol Tax Bonds?
North Carolina alcohol tax bonds ensure that businesses comply with state and local liquor licensing regulations and laws. These surety bonds guarantee that alcohol-related companies:
- Pay all taxes, interests, fines and fees owed
- Follow Alcohol Beverage Control Board rules and regulations
- Meet local ordinances for liquor licensing and alcohol sales
How Much Do Alcohol Tax Bonds Cost in North Carolina?
North Carolina alcohol tax bond premiums start as low as $100. Some bonds are available for instant purchase while others require an application review for personalized pricing.
Your exact bond price will depend on the bond type, amount, and potentially your credit score. Select your bond below to find your rate.
SuretyBonds.com works with the top surety providers nationwide to provide the most affordable North Carolina alcohol tax bond rates with no fees.
How Does a North Carolina Alcohol Tax Bond Work?
A North Carolina alcohol tax bond protects the state and the public by creating a legally-binding contract between three parties:
- Principal: The alcohol-related company purchasing the bond
- Obligee: The government department requiring the bond
- Surety: The provider issuing the alcohol tax bond
If the principal breaks the bond terms and creates damages, harmed parties can file claims. The surety will investigate and pay out valid claims, then the principal must reimburse the surety.
Who Needs an Alcohol Tax Bond in North Carolina?
Alcohol tax bonds are required for some businesses to guarantee payment of excise taxes to the state of North Carolina, including the following:
- Wholesalers and importers
- Distilleries
- Non-resident alcohol vendors
- Vehicles transporting spirituous liquor in North Carolina
The Alcoholic Beverage Control Commission can help advise if you need a surety bond to receive the alcohol permit for which you are applying.
If you sell or distribute alcohol in other states, we also offer alcohol tax bonds nationwide.
How Do I Get an Alcohol Tax Bond in North Carolina?
Some North Carolina alcohol tax bonds are available for instant online purchase. Others require a quick application to determine pricing based on your credit score and the bond amount.
Select the bond you need to start your purchase or application. If required, we’ll provide a free quote and invoice within one business day. You can checkout online at your convenience.
How Long Will It Take to Get My Bond?
Once we process your order, we’ll mail the original bond documents to you via FedEx. You can select three-day, two-day or overnight shipping if you’re in a rush.
How to Get an Alcohol Permit in North Carolina
The North Carolina Alcoholic Beverage Control Commission (NC ABCC) manages permitting for alcohol distributors in the state. Follow these three steps to receive and maintain your North Carolina alcohol permit:
- Register your business with the North Carolina Department of Revenue.
- Apply for the appropriate alcohol permit with the NC ABCC.
- File monthly excise tax returns with the Department of Revenue.
If you need a one-time permit, you can apply online, in-person or by mail. Or, you can submit retail and commercial permits by mail or in-person if you schedule an appointment.
