Videos tagged with Firearms Excise Tax

This video provides an overview of upcoming and current Colorado gun laws for 2024 and 2025. It directs viewers to resources for finding their district legislator, information on excise taxes, a bill regarding merchant codes for gun sales, resources for the 21-to-buy firearms ruling, and specific Colorado House Bill (HB) 24-1174 concerning CHP (Concealed Handgun Permit) laws. The video also includes a link to Dragon Man's, a firearms retailer.

This video explains the recent inclusion of ammunition reloaders under the Firearms Excise Tax (FAET). The 11% tax, previously applied to firearm and ammunition manufacturers, now targets individuals selling reloaded ammunition. The ATF and IRS are increasing enforcement against unlicensed home-based sellers, emphasizing that the tax applies only to commercial sales, not personal use.

The Firearms Excise Tax (FAET) now applies to ammo reloaders who sell their reloaded ammunition. This tax, typically around 11%, affects profits from commercial reloading operations. Reloading for personal use remains exempt as no sale or profit is involved. The ATF and IRS are increasing oversight on small-scale commercial reloaders, potentially requiring FFL registration based on sales volume.

This video explains how excise taxes paid by gun owners, hunters, and manufacturers of firearms, ammunition, and archery equipment directly fund wildlife conservation efforts in the United States. It highlights the 'Partner with a Payer' initiative, emphasizing the significant financial contributions to wildlife research, restoration, and habitat improvement projects. The content underscores the often-overlooked positive impact of the shooting sports industry on conservation.