Colorado Fuel Distributors Tax Surety Bonds
Any person who acts as a Fuel distributor, supplier, importer, exporter, blender, terminal operator or carrier of fuel in the State of Colorado must be licensed as such and provide a Fuel Distributors Tax Surety Bond to the Colorado Department of Revenue to guarantee payment of the Colorado excise tax that is collected on motor fuel sales.
How do I calculate the bond amount I need for a CO Fuel Distributors Bond?
The total bond amount must be equal to three times the monthly tax liability, not to exceed $200,000.00. The minimum bond allowed for gasoline and/or Special fuel is $25,000.00. Aviation gasoline and aviation jet fuel is considered gasoline for bond purposes.
You can calculate the required bond amount by using the calculation tool located on page 3 of the CO Fuel License Application Booklet (DR7064)
Get started now! Apply for your Colorado Fuel Distributors Tax Bond and let our expert staff get the bond you need at the lowest possible price!
We work fast so you can stay focused on your business - Satisfaction Guaranteed!
Need help with your Colorado Fuel Distributors Tax Bond??
- Call us and let our staff walk you through the process - 800-737-4880
- [EMAIL US] and request one of our staff to call you.