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Generally, for the manufacture of NFA items, ATF Form 5320-1 must be submitted to the ATF. For the transfer of a NFA item from a person or entity lawfully entitled to transfer it (Class 3 dealer) to oneself, or an entity (Gun Trust or LLC), the ATF Form 5320-4 must be submitted to the ATF. There is a lower, $5 transfer tax for weapons that fit ...
The National Firearms Act (NFA), 73rd Congress, Sess. 2, ch. 757, 48 Stat. 1236 was enacted on June 26, 1934, and currently codified and amended as I.R.C. ch. 53.The law is an Act of Congress in the United States that, in general, imposes an excise tax on the manufacture and transfer of certain firearms and mandates the registration of those firearms.
A silencer, also known as a sound suppressor, suppressor, or sound moderator, is a muzzle device that suppresses the blast created when a gun (firearm or airgun) is discharged, thereby reducing the acoustic intensity of the muzzle report (sound of a gunshot) and jump, by modulating the speed and pressure of the propellant gas released from the ...
ATF also enforces provisions of the Safe Explosives Act, passed after 9/11 to restrict the use/possession of explosives without a federal license to use them. ATF is considered to be the leading federal agency in most bombings that occur within the U.S., with exception to bombings related to international terrorism (investigated by the FBI).
The Firearms Transaction Record, also known as ATF Form 4473, is essentially an application to buy a gun from a licensed dealer. It’s used for a quick background check to make sure the buyer isn ...
Of course, the revenue isn’t the point—ATF collects only about $100 million a year in revenue from taxes authorized by the National Firearms Act but has a budget of $1.4 billion.
4. Out of Business Records. Data is manually collected from paper out of business records (or input from computer records) and entered into the trace system by ATF. These are registration records which include name and address, make, model, serial and caliber of the firearm(s), as well as data from the 4473 form - in digital or image format.
The ATF Form 4 currently before me for a "22Sparrow" describes "Type of Firearm" as "silencer". In discussing matters of federal law you use the definitions in the law. I just reverted a global search and replace substituting the word suppressor for the word silencer, including where silencer was inside quotes from the US federal statutes.