Under Alaska Statute section 44.025.048, the Alaska Department of Revenue requires this surety bond to ensure that fisheries pay the Alaska Fisheries Business Tax. The tax amount is based on the price paid to commercial fishers or fair market value when there is not an “arms’ length transaction”. The required bond amount varies. Surety1 can typically write this bond for as little as 1.5% with a completed application.
To Get an Alaska Fisheries Business Tax Surety Bond:
- Complete an online application.
- One of our expert commercial surety agents will call and email you with the firm quote and an agreement to sign.
- Provide payment and your signed agreement, then you will receive your bond!
** all bonds are subject to the underwriting terms and conditions of the issuing company.