Chris
09-27-2008, 09:13 PM
The transfer tax on machine guns, short barreled rifles, short barreled shotguns, and suppressors is $200 payable to the BATFE. The transfer tax on AOWs is $5 and is also payable to the BATFE. This transfer tax is a one time only tax and not an annual tax. Each time an NFA weapon changes hands, the tax is charged except if the transfer is between class 3 dealers.
The paperwork required for the transfer of an NFA weapon consists of an application known as the Form 4. The Form 4 is completed and submitted with the applicant's photograph attached and a fingerprint card. These are submitted the Bureau of Alcohol, Tobacco, Firearms and Explosives in duplicate along with the respective transfer tax. The finger print cards are forwarded to the FBI for a background check. The background check and transfer process takes about 2 months or so depending on the examiners’ work load and if there are any errors on the preparers part.
Once the Form 4 application is approved, one copy of the approved application with a "stamp" is sent back to the dealer or seller of the weapon. The dealer or seller contacts the buyer and makes the physical transfer of the weapon at that time. The approved Form 4 application stays with the weapon and is proof that the buyer has paid the transfer tax. The original should be stored in a safe place and a photocopy carried with the weapon should the legality of the NFA weapon be questioned by law enforcement officers.
The paperwork required for the transfer of an NFA weapon consists of an application known as the Form 4. The Form 4 is completed and submitted with the applicant's photograph attached and a fingerprint card. These are submitted the Bureau of Alcohol, Tobacco, Firearms and Explosives in duplicate along with the respective transfer tax. The finger print cards are forwarded to the FBI for a background check. The background check and transfer process takes about 2 months or so depending on the examiners’ work load and if there are any errors on the preparers part.
Once the Form 4 application is approved, one copy of the approved application with a "stamp" is sent back to the dealer or seller of the weapon. The dealer or seller contacts the buyer and makes the physical transfer of the weapon at that time. The approved Form 4 application stays with the weapon and is proof that the buyer has paid the transfer tax. The original should be stored in a safe place and a photocopy carried with the weapon should the legality of the NFA weapon be questioned by law enforcement officers.