North Dakota Sales and Use Tax Bond

Name: North Dakota Sales and Use Tax Bond
Brand: NNA Surety Bonds

How much does a North Dakota sales and use tax surety bond cost?

The cost to purchase a Sales and Use Tax surety bond is 2% of the surety bond amount ($100 minimum). The bond amount will be determined by the North Dakota Office of State Tax Commissioner. By way of example, if your bond requirement is $10,000, the annual premium for the Sales and Use Tax surety bond would be $200.

Example pricing*:

Bond Amount	Term	Premium
$5,000	1 Year	$100
$10,000	1 Year	$200
$25,000	1 Year	$500

*For illustration purposes only. Bond amount requirements will vary by business.

No credit check required
No financials required
Bond can be immediately downloaded for use upon purchase

What is a Sales and Use Tax Bond?

A surety bonds is a required financial guarantee for businesses that handle specific taxes, such as those related to alcohol, fuel, or sales and use. The specific bond amount is determined by a formula based on estimated monthly tax liability, with requirements varying by the type of tax, such as twice the estimated monthly alcohol tax for alcohol businesses or a percentage of the annual sales tax for sales tax bonds.

Why do I need a sales and use tax bond?

The North Dakota Office Of State Tax Commissioner (obligee) requires certain businesses that provide taxable goods or services to obtain a surety bond to protect the state against potential non-payment of sales taxes by the business.

Where can I get a sales and use tax bond?

Click the purchase now link on the right side of this page. NNA Surety Bonds is a licensed insurance agency in all 50 states and has been providing surety bonds to customers since 1957.

What else should I know about sales and use tax surety bonds?

The business owner is liable to repay the surety company in the event there is a claim made against the bond. If the business fails to pay its taxes, a claim can be filed against the bond. The surety company will pay the claim amount to the state and then seek reimbursement from the business.