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The Water Cooler
General Discussion
A certain custom rifle builder said something interesting yesterday...
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<blockquote data-quote="mr ed" data-source="post: 2050727" data-attributes="member: 6777"><p>If you assemble a gun from a pile of parts and plan to sell it you are required by law to have a manufacturers license.</p><p>Upon completing assembly you are required to send the federal government an excise tax based on the retail value of the gun. Its called the Pittman- Robertson act.</p><p></p><p>Maybe he hasn't been sending his tax money in and has been ordered to halt future manufacture.</p></blockquote><p></p>
[QUOTE="mr ed, post: 2050727, member: 6777"] If you assemble a gun from a pile of parts and plan to sell it you are required by law to have a manufacturers license. Upon completing assembly you are required to send the federal government an excise tax based on the retail value of the gun. Its called the Pittman- Robertson act. Maybe he hasn't been sending his tax money in and has been ordered to halt future manufacture. [/QUOTE]
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The Water Cooler
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A certain custom rifle builder said something interesting yesterday...
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