Videos tagged with US Tax Code

This video explores a potential financial advantage when purchasing Short-Barreled Rifles (SBRs) and Short-Barreled Shotguns (SBSs). William Kirk from Washington Gun Law highlights a loophole in the US Tax Code (28 USC Sec. 4181) that exempts these NFA items from the typical excise tax applied to other firearms and ammunition. This means a buyer might acquire an SBR or SBS with a $0 tax stamp and no additional excise tax, presenting an accessible entry point into the NFA market. The video encourages viewers to educate themselves on this matter.