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This version of the form is not currently in use and is provided for reference only. Download this version of
Form B&L: CBOND
for the current year.
Form B&L: CBOND Motor Fuels Collateral Tax Bond - Alabama
What Is Form B&L: CBOND?
This is a legal form that was released by the Alabama Department of Revenue - a government authority operating within Alabama. As of today, no separate filing guidelines for the form are provided by the issuing department.
FAQ
Q: What is a CBOND Motor Fuels Collateral Tax Bond?
A: A CBOND Motor Fuels Collateral Tax Bond is a type of surety bond required by the state of Alabama to guarantee payment of motor fuels taxes.
Q: Who needs a CBOND Motor Fuels Collateral Tax Bond?
A: Motor fuel distributors or suppliers in Alabama who are required to pay motor fuels taxes need a CBOND Motor Fuels Collateral Tax Bond.
Q: Why do I need a CBOND Motor Fuels Collateral Tax Bond?
A: Alabama requires motor fuel distributors or suppliers to obtain a CBOND Motor Fuels Collateral Tax Bond to ensure the payment of motor fuels taxes.
Q: How much does a CBOND Motor Fuels Collateral Tax Bond cost?
A: The cost of a CBOND Motor Fuels Collateral Tax Bond varies based on the bond amount required by the state and the applicant's creditworthiness.
Q: How long does a CBOND Motor Fuels Collateral Tax Bond remain in effect?
A: A CBOND Motor Fuels Collateral Tax Bond remains in effect until the bond is canceled or terminated by the surety company or the state.
Q: What happens if I don't get a CBOND Motor Fuels Collateral Tax Bond?
A: Failure to obtain a CBOND Motor Fuels Collateral Tax Bond as required by Alabama law can result in penalties, fines, and the inability to operate as a motor fuel distributor or supplier.
Q: Can I cancel a CBOND Motor Fuels Collateral Tax Bond?
A: Yes, a CBOND Motor Fuels Collateral Tax Bond can be canceled by the surety company or the bondholder by providing written notice to the Alabama Department of Revenue.
Q: Can I use a CBOND Motor Fuels Collateral Tax Bond in other states?
A: No, a CBOND Motor Fuels Collateral Tax Bond is specific to the state of Alabama and cannot be used for any other state's motor fuels tax requirements.
Q: What is the purpose of a CBOND Motor Fuels Collateral Tax Bond?
A: The purpose of a CBOND Motor Fuels Collateral Tax Bond is to ensure the payment of motor fuels taxes by distributors or suppliers in Alabama.
Form Details:
- Released on August 1, 2019;
- The latest edition provided by the Alabama Department of Revenue;
- Easy to use and ready to print;
- Quick to customize;
- Compatible with most PDF-viewing applications;
- Fill out the form in our online filing application.
Download a fillable version of Form B&L: CBOND by clicking the link below or browse more documents and templates provided by the Alabama Department of Revenue.
