Utah withholding tax bonds.
From $250.
When the Utah State Tax Commission demands security before it will issue or restore a withholding tax license, the instrument is a corporate surety bond on form TC-763WT, sized by the Commission between $25,000 and $500,000 under Utah Code 59-10-405.5. Pricing is 1% of the bond amount.
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How much does a Utah withholding tax bond cost?
1% of the bond amount, from $250 at the $25,000 minimum. Enter your amount in the calculator for the exact price.
Three steps. One sitting.
A withholding bond stands between you and a license you cannot trade without. Enter your amount, pay, and get the original to the Commission:
Apply online
Business details, the county the principal sits in, your Utah certificate number, the bond amount the Commission demanded, a term and an effective date. That is the application. No credit check up to $10,000.
Pay & e-sign
The premium is 1% of the bond amount, priced at checkout, so the bond issues the moment you pay. Your executed bond and power of attorney generate on the spot.
File with the Tax Commission
Form TC-763WT is countersigned by a resident agent and notarized for the principal, then filed with the Commission. Send the original — wet-ink is the norm on this one.
What it is and who needs it.
What the withholding tax bond guarantees
Every Utah employer that withholds tax from wages holds a withholding tax license. Section 59-10-405.5 lets the Tax Commission condition that license on security in two situations: where a license was previously revoked for a delinquency — the applicant's own, a fiduciary's, or that of a business the applicant was required to collect and pay over for — or where a delinquency in withholding, reporting, or remitting exists for any of those parties. The Commission may also require an existing licensee to post a bond, or to increase one already on file, if it determines that is necessary to ensure compliance.
The bond is executed by the licensee as principal with a corporate surety and is payable to the commission, conditioned on faithful performance of every requirement of Title 59, Chapter 10, Part 4: withholding and remitting the amounts due, and paying penalties under Section 59-1-401 and interest under Section 59-1-402. Form TC-763WT binds principal and surety jointly and severally to the people of the State of Utah, and requires a surety certified by the Utah Department of Insurance with a rating of at least B+ from A.M. Best.
Two features of the form drive how employers manage it. The bond stays in continuous force until terminated, and a surety terminates only by giving the Commission 30 days written notice by certified mail — after which liability that accrued before termination survives, whether or not the Commission had assessed or even known about it. And the Commission expressly reserves the right to require a larger bond at any time. The bond is also non-transferable, so a change of entity means a new filing.
You need this bond if you are
Claims, renewal, filing, and what sets the price.
If a claim is made
A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.
The surety investigates and pays a valid claim, up to the bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.
Renewal and term
The premium covers a one-year term from the effective date you choose.
Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.
How to file it
File with the Tax Commission. Form TC-763WT is countersigned by a resident agent and notarized for the principal, then filed with the Commission. Send the original — wet-ink is the norm on this one.
What sets the price
The premium is 1% of the bond amount, $100 minimum: the amount the obligee sets moves the price, not your business profile.
No credit check up to $10,000. Above that, the carrier may run a soft pull, which never affects your score.
Where a check runs, it decides approval; the rate is the same for everyone approved.
One application, issued at checkout.
These are the actual issuing fields. No credit check up to $10,000.
Start the application →Common questions.
Other Utah bonds.
Price and requirements checked on the carrier’s application, . Page updated .
Clear the Commission's bond demand.
Enter the demanded amount, see the exact price, and file TC-763WT with the Tax Commission. Free until issued.