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Bond Overview Purpose: To guarantee payment for all Florida alcohol and tobacco taxes Who Needs It: Tobacco or alcohol product manufacturers and distributors in Florida Regulating Body: The Florida DBPR Division of Alcoholic Beverages & Tobacco Required Amount: $500$150,000, based on value of owed taxes Premium Rates: Typically 13%, credit-based What is a Florida alcoholic beverages and tobacco bond

This crisis has captured the attention of federal regulators, including the Food and Drug Administration

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