Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

To: marktwain

There’s also a federal excise tax of 10 or 11% on ALL FIREARMS AND AMMUNITION.

First imposed on February 25, 1919, Section 4181 of the Internal Revenue Code imposes an excise tax on imported firearms and ammunition when the importer sells or uses the firearms or ammunition (FAET). A tax if 10 percent of the sales price is imposed on pistols and revolvers, and a tax of 11 percent of the sales price is imposed on other portable weapons (e.g., rifles and shotguns) and ammunition. The excise tax is not imposed again unless the firearms and ammunition are further manufactured. At one time, the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) was responsible for collecting FAET. However, since January 2003, this responsibility rests with the Alcohol and Tobacco Tax and Trade Bureau (TTB), U.S. Dept. of Treasury.

https://www.atf.gov/firearms/firearms-guides-importation-verification-firearms-ammunition-and-implements-war-firearms


18 posted on 11/02/2025 10:38:13 AM PST by Paal Gulli
[ Post Reply | Private Reply | To 2 | View Replies ]


To: Paal Gulli
There’s also a federal excise tax of 10 or 11% on ALL FIREARMS AND AMMUNITION.

Imported is not all.
22 posted on 11/03/2025 11:43:56 AM PST by Svartalfiar (-)
[ Post Reply | Private Reply | To 18 | View Replies ]

Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson