Texas Mixed Beverage Sales Tax Bond Guide
Mixed beverage and private club permittees in Texas need a surety bond as part of the licensing process. Learn how they work and get a free quote with this guide.
Bond Overview
- Purpose: To ensure payment of alcohol taxes, interests and penalties
- Who Needs It: Mixed beverage and private club permittees in Texas
- Regulating Body: The Texas Comptroller of Public Accounts
- Required Amount: Typically 4x the average monthly tax liability
- Premium Rates: 1–10% of the bond amount, starting at $250
How much does a mixed beverage tax bond cost in Texas?
Mixed beverage and private club permittees in Texas are required to post mixed beverage gross receipts tax bonds and mixed beverage sales tax bonds for the payment of taxes.
The required bond amount is determined by the Comptroller of Public Accounts and the applicant’s permit type. The required bond amount cannot exceed 4x the average monthly tax liability or $100,000. Applicants should verify their required bond amount with the state prior to bonding.
These bonds are subject to underwriting, which means that the price an applicant pays is based on their required bond amount, as well as their personal credit report. Submit a request form now to receive your free quote!
Why do I need this bond?
Texas mixed beverage gross receipts tax bonds and mixed beverage sales tax bonds ensure that principals (permit holders) pay all taxes, interest, penalties, and costs as required by Chapters 151 and 183 of the Texas Tax Code. Permittees of mixed beverages must pay a 6.7% tax on their gross receipts. Sales tax bonds have the same purpose as gross receipts tax bonds, except this specific bond ensures that the principal will pay 8.25% of the sales price for each drink sold.
Tax returns must be filed by the 20th day of each month. If the principal fails to file his or her tax return and pay all sums due accordingly, the bond protects the state from resulting financial loss up to the full amount of the bond.
The Texas Alcoholic Beverage Control Board requires several other bonds for alcohol-related businesses. If you need a bond not listed here, visit our Texas Alcoholic Beverage Commission Bond Guide to learn more apply.
What’s the fine print?
Mixed beverage sales tax and gross receipts tax surety bonds in Texas remain in full force and effect until canceled. The surety can terminate the bond by giving written notice of cancellation to the Comptroller of Public Accounts. Cancellation becomes effective 30 days after the notice is received.
These bonds are continuous in form from the effective date and will be automatically extended from calendar year to calendar year from January 1 through December 31.
How to become a mixed beverage professional in Texas
Licensing requirements for mixed beverage professionals in Texas vary from license/permit type to license/permit type. For a full description of liquor and beer licenses and permits, visit the Texas Alcoholic Beverage Commission’s website.
Take the first step toward becoming licensed by purchasing the Texas mixed beverage tax bond you need.
More Resources
- Continuous Bond - Mixed Beverage Gross Receipts Tax form
- Continuous Bond - Mixed Beverage Sales Tax form
- Texas Comptroller of Public Accounts Texas Mixed Beverage Tax Forms
- Tax Code Title 2. State Taxation Subtitle G. Gross Receipts and Mixed Beverage Taxes Chapter 183. Mixed Beverage Taxes Subchapter A. General Provisions
- Texas Comptroller of Public Accounts Security Requirements for Texas Mixed Beverage Taxes
