Mileage Use Tax Surety Bond
A Mileage Use Tax surety bond is a license and permit surety bond that guarantees the payment of taxes, fees, penalties and interest due to various states and the federal government by motor carriers (trucking companies) operating certain motor vehicles on public highways. Typically there is a minimum weight requirement and the vehicles must be commercial in nature. The amounts vary by jurisdiction and depend on the number of vehicles in a fleet, the weight of the vehicles and the method used to report the tax. The bond guarantees payment of these taxes whose revenues are used for highway construction and maintenance projects. These bonds are also known as Highway Use Tax surety bonds and Heavy Vehicle Use Tax Surety Bonds.
Alpha Surety is a nationwide surety bond broker offering simple, fast solutions for all types of surety bonding in all 50 states. We offer our customers extremely competitive pricing with multiple national carriers as well as world class support. For a free consultation about your surety bonding needs, please call 510-435-8425 or contact us. Or, to apply for a free quote, please complete our surety bond application.
