Finanse publiczne · 29/08/1996

Firearms and Ammunition Excise Taxes, Parts and Accessories

This notice proposes to amend regulations in 27 CFR Part 53, relating to the manufacturers excise tax on firearms and ammunition. Pursuant to 26 U.S.C. 4181, a tax is imposed on the sale by the manufacturer, importer or producer of pistols, revolvers, firearms (other than pistols and revolvers) shells, and cartridges. The tax is 10 percent of the sale price for pistols and revolvers, 11 percent of the sale price for firearms (other than pistols and revolvers) and 11 percent of the sale price for shells and cartridges. Current regulations provide that no tax is imposed by section 4181 of the Internal Revenue Code on the sale of parts or accessories of firearms, pistols, revolvers, shells, and cartridges when sold separately or when sold with a complete firearm. This notice proposes regulations to clarify which parts and accessories must be included in the sale price when calculating the tax on firearms.