Blank Georgia Att 21 Form

1. What is the purpose of the Georgia ATT 21 form?

   The Georgia ATT 21 form serves as a Tobacco Distributor Tax Stamp Bond. It is a legal document that ensures payment for tobacco tax stamps purchased by licensed wholesale tobacco distributors in Georgia. This bond protects the state’s revenue by guaranteeing that distributors fulfill their tax obligations.

2. Who needs to complete the ATT 21 form?

   Licensed wholesale tobacco distributors in Georgia are required to complete the ATT 21 form. This includes any business or individual that distributes tobacco products and needs to purchase tax stamps from the Georgia Department of Revenue.

3. What information is required on the form?

   The ATT 21 form requires the following information:

   • Name of the distributor (Principal)
   • Location of the distributor
   • Name of the Surety
   • Bond amount (both written and numeric)
   • Signature of the Surety’s Attorney in Fact
   • Date of execution
4. How does the bond work?

   The bond guarantees that the Principal (distributor) will pay for all tobacco tax stamps purchased during the fiscal year ending June 30. If the distributor pays for these stamps on time, the bond becomes void. If not, the bond remains in effect and the Surety is responsible for covering the payment.

5. Can the Surety cancel the bond?

   Yes, the Surety can cancel the bond by providing written notice to both the Georgia Revenue Commissioner and the Principal. This cancellation becomes effective 60 days after the notice is received, but the Surety remains liable for any purchases made prior to the cancellation date.

6. What happens if the distributor fails to pay for the tax stamps?

   If the distributor fails to pay for the tax stamps, the bond remains in full force and effect. The Surety may be required to cover the unpaid amount, ensuring that the state receives the necessary revenue.

7. Is there a specific law governing this bond?

   Yes, the ATT 21 form is issued pursuant to an Act approved on March 4, 1970. It is important that the bond is constructed in conformity with this law to ensure its validity.

8. What documentation must accompany the bond?

   The Attorney in Fact signing for the Surety must attach a certified copy of their authority or power to bind the Surety. This document must confirm that the power is in effect at the time the bond is executed.

9. Where can I find assistance with the ATT 21 form?

   For assistance, you can contact the Georgia Department of Revenue, Alcohol & Tobacco Division. Their contact details are as follows:

   • Telephone: (404) 417-4870
   • Fax: (404) 417-4871
   • Address: 1800 Century Center Blvd. N.E., P.O. Box 49728, Atlanta, Georgia 30359

Filling out the Georgia ATT 21 form can be straightforward, but many people make mistakes that can delay the process. One common error is failing to provide accurate information. Distributors often overlook details such as the name of the distributor or the surety. Ensuring that these names match the official documents is crucial. If the names do not align, it can lead to rejection of the bond.

Another frequent mistake involves the amount of the bond. The form requires both a written and numeric amount. Some individuals only fill in one of these fields or make errors in the numeric value. This inconsistency can create confusion and may result in the form being returned for correction.

People also sometimes neglect to include the date on the form. The date is essential as it indicates when the bond is effective. Without it, the bond may be considered incomplete. Additionally, failing to sign the document can lead to similar issues. Each required signature must be present for the bond to be valid.

Another mistake is not attaching the necessary documentation. The form specifies that a certified copy of authority or power to bind the surety must be included. This oversight can cause delays, as the form cannot be processed without this documentation.

Lastly, many individuals do not pay attention to the cancellation process. The surety can cancel the bond by providing written notice, but if the process is not followed correctly, it can lead to complications. Understanding the terms of cancellation is essential to avoid potential liabilities.

The Georgia ATT 21 form is essential for tobacco distributors, serving as a bond that guarantees payment for tobacco tax stamps. Alongside this form, several other documents may be necessary to ensure compliance with state regulations. Below is a list of commonly used forms and documents that often accompany the ATT 21.

• Georgia Alcohol and Tobacco License Application: This application is required for businesses seeking to operate as distributors of alcohol and tobacco. It collects vital information about the applicant and the nature of the business.
• Surety Bond Form: This document outlines the agreement between the principal and the surety, ensuring that the surety will cover any debts or obligations if the principal fails to meet their responsibilities.
• Tax Stamp Purchase Invoice: This invoice provides a detailed record of the tobacco tax stamps purchased by the distributor. It is crucial for tracking purchases and ensuring that all taxes are accounted for.
• Financial Statements: Distributors may be required to submit financial statements to demonstrate their ability to meet the obligations outlined in the bond. These documents provide insight into the financial health of the business.
• Certificate of Good Standing: This certificate verifies that the business is compliant with state regulations and is authorized to operate. It is often required when applying for licenses or permits.
• Power of Attorney: If a surety company is involved, this document grants authority to an individual to act on behalf of the surety. It is necessary for executing the bond and must be attached to the bond form.

Understanding these documents is crucial for tobacco distributors in Georgia. Each plays a significant role in ensuring compliance with state laws and regulations, helping to facilitate smooth business operations. Proper preparation and submission of these forms can greatly reduce the risk of complications down the line.

• Performance Bond: Similar to the Georgia ATT 21 form, a performance bond ensures that a contractor will fulfill their obligations under a contract. Both documents require a principal and surety and serve as a financial guarantee for compliance with specific terms.
• Payment Bond: This document guarantees that a contractor will pay subcontractors and suppliers. Like the ATT 21 form, it involves a principal and surety and protects against non-payment, ensuring financial security in business transactions.
• Surety Bond: A surety bond is a three-party agreement that guarantees the performance or obligations of one party to another. The ATT 21 form operates under similar principles, ensuring the state receives payment for tobacco tax stamps, thus protecting public revenue.
• License Bond: This type of bond is often required for businesses to operate legally. Much like the ATT 21 form, it provides assurance to regulatory bodies that the business will comply with laws and regulations, safeguarding public interests.
• Contract Bond: A contract bond guarantees the completion of a contract according to its terms. The ATT 21 form shares this purpose, as it guarantees payment for tax stamps, ensuring obligations are met within the specified timeframe.

Filling out the Georgia ATT-21 form can be straightforward if you keep a few important guidelines in mind. Here are five things you should and shouldn't do to ensure your submission is accurate and complete.

• Do double-check all information before submitting the form. Ensure that names, addresses, and amounts are correct.
• Don't leave any required fields blank. Incomplete forms may lead to delays or rejection.
• Do sign the form where indicated. Your signature is crucial for the validity of the bond.
• Don't forget to attach the certified copy of authority or power to bind the Surety. This document is essential for the Surety's legal representation.
• Do keep a copy of the completed form for your records. Having a copy can help you track submissions and follow up if necessary.

By following these simple guidelines, you can navigate the process with confidence. Remember, attention to detail is key to ensuring your form is processed smoothly.

Understanding the Georgia ATT 21 form can be tricky, especially with the various misconceptions surrounding it. Here are five common misunderstandings that people often have:

1. It’s only for large tobacco distributors. Many believe that the ATT 21 form is only relevant for big companies. In reality, any licensed wholesale tobacco distributor in Georgia must complete this form, regardless of size.
2. Once filed, the bond never changes. Some think that once the ATT 21 form is submitted, it remains unchanged indefinitely. However, circumstances such as changes in business structure or ownership may require updates to the bond.
3. The Surety is not responsible for unpaid taxes. A common myth is that the Surety has no obligations if the Principal fails to pay for tobacco tax stamps. In fact, the Surety is jointly liable for these payments, ensuring that the state receives what it is owed.
4. Cancelling the bond is a simple process. Many assume that cancelling the bond can be done with a quick phone call. In truth, it requires written notice to both the Georgia Revenue Commissioner and the Principal, with a 60-day waiting period for the cancellation to take effect.
5. The bond amount is arbitrary. Some people think that the bond amount can be set at any figure. However, the bond must reflect the total amount of tobacco tax stamps purchased during the fiscal year, ensuring adequate coverage for potential tax liabilities.

By dispelling these misconceptions, individuals can better navigate the requirements of the Georgia ATT 21 form and fulfill their obligations with confidence.

Filling out and using the Georgia ATT-21 form is an important process for tobacco distributors. Here are some key takeaways to keep in mind:

• Understand the Purpose: The ATT-21 form is a bond that guarantees payment for tobacco tax stamps purchased by licensed wholesale tobacco distributors in Georgia.
• Complete All Required Information: Ensure that you fill in the name of the distributor, the surety, and the amounts clearly. Any missing information can delay the process.
• Payment Guarantees: The bond guarantees that the distributor will pay for all tobacco tax stamps purchased during the fiscal year ending June 30. If payments are made on time, the bond becomes void.
• Cancellation Process: The surety can cancel the bond by providing written notice to the Georgia Revenue Commissioner and the principal. This notice must be sent via certified or registered mail.
• Legal Authority: The attorney in fact signing for the surety must attach a certified copy of the authority or power to bind the surety. This document must be valid at the time of signing.
• Timely Execution: Ensure that the bond is signed and executed in a timely manner to avoid any interruptions in your ability to purchase tobacco tax stamps.