Vermont rental company tax bonds.
From $100.
When the Vermont Commissioner of Taxes needs to protect the short-term vehicle rental tax, the Commissioner can require a rental company to post a surety bond under 32 V.S.A. chapter 219. The Commissioner fixes the amount; premiums cost 1% of the bond amount, $100 minimum. Note: this bond carries statutory year-end (12/31) renewal dates.
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How much does a Vermont rental company tax bond cost?
1% of the bond amount, from $100. Enter your amount in the calculator for the exact price.
Three steps. One sitting.
No long underwriting queue for the standard rental tax bond — enter your amount, pay, and file with the Department of Taxes. Here is the whole thing:
Apply online
Your business details, the bond amount the Commissioner set, and the effective date — that is the application.
Issued on the spot
No credit check up to $25,000. Above $25,000, a soft pull may add a short review.
File with the Department of Taxes
Submit the executed bond to satisfy the Commissioner’s notice. This bond renews on a statutory 12/31 date; we track that and notify you ahead of expiration.
What it is and who needs it.
What the rental tax bond actually covers
Vermont imposes a short-term vehicle rental tax — currently 9% of the rental charge on pleasure cars rented for less than a year — under 32 V.S.A. chapter 219. A rental company collects that tax from renters and remits it to the Department of Taxes. Most companies simply file and pay; a bond is the exception, not the rule.
The Commissioner of Taxes may require a bond when the Commissioner deems it necessary to protect the revenue — for example after a late filing or unremitted tax, or for a new company without a track record. When required, the bond is fixed by the Commissioner but cannot exceed the company’s total potential tax liability, so it is sized to your rental volume.
You generally have 15 days after notice to file the bond (or to request a hearing on its necessity, propriety, and amount). The bond stands behind the tax you collect or owe — if you fail to remit, the state can recover against it. We issue the amount the Commissioner set, priced from a $100 minimum with no credit check up to $25,000, on a statutory 12/31 renewal cycle.
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 bond runs to December 31 whatever day you buy; the premium covers the period to that date.
Renewal falls on the statutory date, December 31, in the year your term ends.
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 Department of Taxes. Submit the executed bond to satisfy the Commissioner’s notice. This bond renews on a statutory 12/31 date; we track that and notify you ahead of expiration.
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 $25,000. 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 on the spot.
Submit the application with the bond amount the Commissioner of Taxes set — the executed bond is generated instantly, ready to file. Remember this bond renews on a statutory 12/31 date.
Start the application →Common questions.
Other Vermont bonds.
Price and requirements checked on the carrier’s application, . Page updated .
Rental tax bond, issued today.
Premiums from $100. Enter the amount the Commissioner set and file within your 15-day window.