Gunsmithing 111% Federal Tax on New Rifle Builds
- Thread starter shoedo
- Start date
Re: 111% Federal Tax on New Rifle Builds
FET... excise tax is the way of uncle sam... it is simply levied against builders or producers of a product.
it didn't start with atf if that's what you're after. it started with goods and the TTB (tax and trade bureau) thought it sounded like a pretty good idea...
8)
no more, no less.
FET... excise tax is the way of uncle sam... it is simply levied against builders or producers of a product.
it didn't start with atf if that's what you're after. it started with goods and the TTB (tax and trade bureau) thought it sounded like a pretty good idea...
8)
no more, no less.
Re: 111% Federal Tax on New Rifle Builds
A bunch of those tax $ were originally supposed to go to preserve and enhance our National Parks. Believing that for a whole bunch of years gives me a warm fuzzy that Charlie Rangle appreciates what outdoor sportsman give back to our Country. Please don't burst my bubble by telling me that my tax $ are going to support ACORN instead of the little furry squirrls.
A bunch of those tax $ were originally supposed to go to preserve and enhance our National Parks. Believing that for a whole bunch of years gives me a warm fuzzy that Charlie Rangle appreciates what outdoor sportsman give back to our Country. Please don't burst my bubble by telling me that my tax $ are going to support ACORN instead of the little furry squirrls.
Re: 111% Federal Tax on New Rifle Builds
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: shoedo</div><div class="ubbcode-body">Hi,
Does anyone know the motive behind the assessment of a 11% federal tax on new rifle builds based on quantities produced? </div></div>
Explanation of the tax: http://www.nrahq.org/shootingrange/pitmann.asp
Exemption for small manufacturers, along with other FAQ's: http://www.ttb.gov/firearms/faet-faqs.shtml
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: shoedo</div><div class="ubbcode-body">Hi,
Does anyone know the motive behind the assessment of a 11% federal tax on new rifle builds based on quantities produced? </div></div>
Explanation of the tax: http://www.nrahq.org/shootingrange/pitmann.asp
Exemption for small manufacturers, along with other FAQ's: http://www.ttb.gov/firearms/faet-faqs.shtml
