IDAPA 35.01.09.014 — FINANCIAL SECURITY (RULE 014)

Sections 23-1049, 23-1320, Idaho Code
01.
Financial Security for Payment of Tax. Any person required to pay tax under the Acts must have
an acceptable amount of security on file and in acceptable form with the Tax Commission unless excused or waived
by the Tax Commission. The security is conditioned upon payment of all taxes imposed on beer or wine by this state
for which the person is liable, including any penalty and interest.
(4-6-23)
02.
Security for a New Taxpayer. When a new taxpayer applies for a tax account the security required
is one thousand dollars ($1,000) unless one of the following conditions applies:
(4-6-23)
a.
If a beer or wine tax reporting history is available from a previous ownership, the security required
may be based on the most recent twelve (12) month filing history of the prior ownership.
(4-6-23)
b.
If an out-of-state wine direct shipper is applying for an initial account, they may request a bond
waiver.
(4-6-23)
c.
If the taxpayer can establish a lesser amount should apply based on the average monthly amount
payable according to Section 23-1049, Idaho Code.
(4-6-23)