Georgia Form Att 21 – Fill Out and Use This PDF

Georgia Form Att 21 PDF Details

In the state of Georgia, managing the financial obligations associated with the sale and distribution of tobacco products is critical for wholesale distributors. An essential part of this regulatory framework is the Georgia Att 21 form, also known as the Tobacco Distributors Tax Stamp Bond form. This document, revised in December of 2009, serves as a binding agreement between the distributor, referred to as the Principal, and the Surety – the entity guaranteeing the financial responsibility of the distributor. The form ensures that the distributor is held accountable to the Georgia Revenue Commissioner and the Department of Revenue for the full payment of all tobacco tax stamps purchased during a fiscal year ending on June 30th. The outlined bond demands a solid commitment from the distributor and its surety to cover the stipulated sum, a guarantee that fortifies the state’s ability to collect necessary taxes and regulate the distribution of tobacco products effectively. Should the distributor adhere to the terms and pay for the tobacco tax stamps as due, the bond becomes void, affirming the protective measure's role in ensuring compliance and fiscal responsibility. Additionally, the surety has the right to cancel the bond under specific conditions, notably by providing written notice to both the Georgia Revenue Commissioner and the Principal, further emphasizing the attentiveness required in the management and oversight of these financial assurances. Established under legislation approved on March 4, 1970, this bond form embodies a necessary tool in upholding the state’s regulatory standards and financial interests within the tobacco industry.