Download Georgia Att 21 Form

When filling out the Georgia ATT 21 form, it is essential to follow certain guidelines to ensure accuracy and compliance. Below is a list of things you should and shouldn't do.

• Do read the entire form carefully before starting.
• Do provide accurate information for the Principal and Surety sections.
• Do ensure that the bond amount is clearly written in both numeric and written form.
• Do attach a certified copy of authority for the Attorney in Fact.
• Do sign and date the form in the designated areas.
• Don't leave any required fields blank.
• Don't use white-out or any other correction fluid on the form.
• Don't forget to send the form to the correct address provided.
• Don't ignore the notice requirements if you plan to cancel the bond.
• Don't submit the form without reviewing it for errors.

Understanding the Georgia ATT 21 form can be challenging, and there are several misconceptions that often arise. Here are four common misunderstandings:

• The ATT 21 form is only for large tobacco distributors. Many believe that only large companies need to fill out this form. In reality, any licensed wholesale tobacco distributor in Georgia must complete the ATT 21 form, regardless of their size.
• This form is just a formality and has no real consequences. Some people think the ATT 21 is merely a bureaucratic requirement. However, this bond is a serious legal obligation. If a distributor fails to pay for tobacco tax stamps, the surety company may be held responsible for the payment.
• The surety can cancel the bond at any time without notice. There is a misconception that sureties can simply cancel the bond whenever they choose. In fact, the surety must provide written notice to both the Georgia Revenue Commissioner and the principal, and the cancellation takes effect only after 60 days.
• Only the distributor needs to sign the bond. Some believe that only the distributor’s signature is necessary. In truth, the bond must be signed by both the distributor and the surety. Additionally, the attorney in fact for the surety must attach a certified copy of their authority to bind the surety.

Being aware of these misconceptions can help ensure that the process of completing the ATT 21 form goes smoothly and that all parties understand their responsibilities.

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

   The Georgia ATT 21 form is a bond required for wholesale tobacco distributors in the state of Georgia. It guarantees that the distributor will pay for all tobacco tax stamps purchased during a specific fiscal year. This ensures compliance with state tax regulations and protects the state’s revenue interests.

2. Who needs to file the ATT 21 form?

   Any licensed wholesale tobacco distributor operating in Georgia must file the ATT 21 form. This includes businesses that distribute tobacco products and are required to purchase tax stamps to comply with state laws.

3. What information is required on the form?

   The ATT 21 form requires several key pieces of information, including:

   • The name of the distributor (Principal)
   • The location of the distributor
   • The name of the surety company
   • The bond amount, both written and numeric
   • The fiscal year for which the bond is applicable
4. How much is the bond amount?

   The bond amount varies depending on the specific requirements set by the Georgia Department of Revenue. Distributors should confirm the required amount before completing the form, as it is crucial for ensuring compliance.

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

   If the distributor fails to pay for the tobacco tax stamps as required, the bond remains in full effect. The surety company may be held liable for the unpaid amounts, ensuring that the state receives the necessary revenue.

6. 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 distributor. This cancellation takes effect 60 days after the notice is received, but the surety remains liable for any obligations incurred prior to the cancellation date.

7. What documentation is required when signing the bond?

   The individual signing on behalf of the surety must attach a certified copy of their authority or power to bind the surety. This document must confirm that the authority is valid at the time the bond is executed.

8. How can I submit the ATT 21 form?

   The completed ATT 21 form should be submitted to the Georgia Department of Revenue, specifically the Alcohol & Tobacco Division. Ensure that all required information is accurate and that the form is signed properly before submission.

9. Where can I find assistance if I have more questions?

   If you have additional questions regarding the ATT 21 form or the bonding process, you can contact the Georgia Department of Revenue at (404) 417-4870. They can provide guidance and clarify any uncertainties you may have.

Filling out the Georgia ATT 21 form can be straightforward, but there are common mistakes that people often make. One frequent error is failing to provide the correct name of the distributor. It is crucial to ensure that the name matches exactly with the business registration documents. Any discrepancies can lead to delays or even rejection of the bond.

Another common mistake involves the amount of the bond. Applicants sometimes write the numeric amount incorrectly or fail to include the written amount altogether. Both the written and numeric amounts must match to avoid confusion. A simple oversight here can complicate the approval process and may require resubmission.

Additionally, individuals often neglect to include the correct date on the form. The date is essential for establishing the bond's validity period. If the date is missing or incorrect, it can create issues regarding the bond's enforcement and may lead to questions about its legality.

Finally, not attaching the certified copy of authority can be a significant oversight. The person signing for the surety must have the proper authority, and without this documentation, the bond may be deemed invalid. Ensuring that all required attachments are included is vital for a smooth processing experience.