Code of Federal Regulations Title 27. Alcohol, Tobacco Products and Firearms § 27.19.166 Required penal sums

(1) Distiller

The amount of tax on spirits produced during a 15-day period

$5,000

$100,000

(2) Warehouseman, in general

The amount of tax on spirits and wines deposited in, stored on, and in transit to, the bonded premises

5,000

200,000

(3) Warehouseman limited to storage of spirits in packages to a total of not over 50,000 proof gallons

The amount of tax on spirits and wines deposited in, stored on, and in transit to, the bonded premises

5,000

50,000

(4) Distiller and warehouseman

The amount of tax on spirits produced during a period of 15 days, plus the tax on spirits and wines deposited in, stored on, and in transit to the bonded premises

10,000

200,000

(5) Distiller and processor

The amount of tax on spirits produced during a 15-day period, plus the amount of tax on spirits, denatured spirits, articles and wines deposited in, or stored on, and in transit to the bonded premises

10,000

200,000

(6) Warehouseman and processor in general

The amount of tax on spirits, denatured spirits, articles, and wines deposited in, stored on, and in transit to, the bonded premises

10,000

250,000

(7) Warehouseman and processor, limited to storage of spirits or denatured spirits in packages to a total of not over 50,000 proof gallons, and processing of spirits or denatured spirits so stored

The amount of tax on spirits, denatured spirits, articles, and wines deposited in, stored on, and in transit to, the bonded premises

10,000

50,000

(8) Distiller, warehouseman and processor

The amount of tax on spirits produced during a 15-day period, plus the amount of tax on spirits, denatured spirits, articles and wines deposited in, stored on, and in transit to, the bonded premises

15,000

250,000

(9) Distiller with adjacent bonded wine cellar

The amount required for a distiller (see paragraph (a)(1). above) plus the amount of tax on wines and wine spirits possessed on, and in transit to, the adjacent wine cellar

6,000

150,000

(10) Distiller and warehouseman with adjacent bonded wine cellar

The amount required for a distiller & warehouseman (see paragraph (a)(4). above) plus the amount of tax on wines and wine spirits possessed on, and in transit to, the adjacent wine cellar

11,000

250,000

(11) Distiller and processor with adjacent bonded wine cellar

The amount required for a distiller & processor (see paragraph (a)(5). above) plus the amount of tax on wines and wine spirits possessed on, and in transit to, the adjacent wine cellar

11,000

250,000

(12) Distiller, warehouseman and processor with adjacent bonded wine cellar

The amount required for a distiller-warehouseman-processor (see paragraph (a)(8). above) plus the amount of tax on wines and wine spirits possessed on, and in transit to, the adjacent wine cellar

16,000

300,000

(1) Do not exceed $300,000

100%

$300,000

(2) Exceed $300,000 but do not exceed $600,000

$300,000 plus 70% of the amount over $300,000

510,000

(3) Exceed $600,000 but do not exceed $1,000,000

$510,000 plus 50% of the amount over $600,000

710,000

(4) Exceed $1,000,000 but do not exceed $2,000,000

$710,000 plus 35% of the amount over $1,000,000

1,060,000

(5) Exceeds $2,000,000

$1,060,000 plus 25% of the amount over $2,000,000

(1) One distilled spirits plant

The amount of tax which, at any one time, is chargeable against such bond, but has not yet been paid

$1,000

$1,000,000.

(2) Two or more distilled spirits plants

Sum of the penal sums for each plant calculated in paragraph (c)(1) of this section

($1,000) x (number of plants)

(Number of plants) x $1,000,000.

(1) Operations at one distilled spirits plant (including any adjacent bonded wine cellar), and withdrawals from the bonded premises of the same plant

An amount equal to the sum of the required penal sums of an operations bond and a withdrawal bond for the plant, if such bonds were obtained separately. (See paragraphs (a) and (c)(1) in this section.)

$6,000

$1,300,000.

(2) Operations at two or more distilled spirits plants (including any adjacent bonded wine cellars), and withdrawals from the bonded premises of the same plants

An amount equal to the sum of the penal sums of an area operations bond and withdrawal bonds needed for all of the covered plants, if such bonds were obtained separately. (Total penal sums of paragraphs (b) and (c)(2) in this section.)

Sum of the minimum penal sums for operations and withdrawal bonds required for each plant covered by the bond

Sum of the maximum penal sums for area operations bonds and withdrawal bonds required for the plants covered by the unit bond.