Liquor-By-the-Drink (LBD) or On-Premise Consumption licenses are required of restaurants, hotels, private clubs and other establishments under Tennessee law.  An LBD or On-Premise Consumption license allows an establishment to sell and dispense alcoholic beverages that contain an alcoholic content greater than five percent (5%) by weight, such as, liquor, wine and high alcohol content beer.  Licensees are required to post and maintain a Consumption on Premises - Alcohol Tax Surety Bond as part of the licensing requirements.  The Consumption on Premises - Alcohol Tax Surety Bonds guarantee that the licensee will properly pay all taxes, penalty and interest connected with the sale of alcoholic beverages for consumption on the premises.  The amount of surety bond required is based on 3 months of the taxes connected with the sale of alcoholic beverages for consumption on premises and it is adjusted annually based on reports turned in to the Tennessee Alcoholic Beverage Commission. Effective, July 1, 2024, tax bonds for liquor-by-the-drink accounts require a bond of no less than $10,000. This includes both full-service licensees and wine-only licensees.  

Secure Your TN Liquor Tax Surety Bond with A1SuretyBonds.com

Whether you're a new business owner or an established entity seeking to renew your bond, we've got you covered with the expertise and support you need. Our goal is to ensure your compliance with Tennessee's liquor tax regulations so you can focus on growing your business. Complete our online application for a TN Liquor by the Drink bond today!

Why Do You Need a TN Liquor Tax Surety Bond?

In Tennessee, a Liquor Tax Surety Bond is a requirement for businesses involved in the sale of alcoholic beverages. This bond guarantees that you will comply with state laws and regulations related to liquor tax. Failure to adhere to these regulations could result in hefty fines or even suspension of your license. By securing a Liquor Tax Surety Bond, you protect your business from potential financial liabilities and demonstrate your commitment to regulatory compliance.

How to Obtain Your TN Liquor Tax Surety Bond

Obtaining a Tennessee Liquor Tax Surety Bond is a straightforward process with A1SuretyBonds.com:

1. Application: Start by completing our simple online application form. We'll gather the necessary information to process your bond.
2. Review: Our team will review your application and assess the bond amount required based on Tennessee’s statutory requirements.
3. Quote: Receive a competitive quote tailored to your business needs.
4. Purchase: Once you accept the quote, we’ll issue your bond promptly, ensuring you meet all legal requirements and deadlines.

Get your TN Liquor by the Drink bond today.