Code of Federal Regulations Title 27. Alcohol, Tobacco Products and Firearms § 27.24.148 Penal sums of bonds

(a) Wine Bond, TTB F 5120.36

(1) Wine operations coverage. (i) Not less than the tax on all wine or spirits possessed, in transit, or unaccounted for at any one time, taking into account the appropriate small producer wine tax credit

$1,000

$50,000

(ii) Where the liability exceeds $250,000

․․․․․․․․

100,000

(2) Tax deferral coverage. Where the unpaid tax amounts to more than $500, not less than the amount of tax which, at any one time, has been determined but not paid. Exception: $1,000 of the wine operations coverage may be allocated to cover the amount of tax which, at any one time, has been determined but not paid, if the total operations coverage is $2,000 or more

500

250,000

(b) Wine Vinegar Plant Bond, TTB F 5510.2 ^*

Not less than the tax on all wine on hand, in transit, or unaccounted for at any one time

1,000

100,000