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BATFE and Competitive Edge Gunworks

Discussion in 'Legal' started by Harry Tuttle, Mar 31, 2006.

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  1. Harry Tuttle

    Harry Tuttle Member

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  2. Kharn

    Kharn Member

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    The taxman wants all the taxes he can get. *shrug*

    Since the FET (Federal Excise Tax, IIRC, 11% on rifles, 12% on handguns) is paid on the firearm based on its value when it leaves the manufacturer, buying a stripped action and then having a gunsmith make several thousand dollars worth of customizations to it "cheats" the ATF out of a significant chunk of taxes that could've been collected (if you'd bought the rifle in its final configuration, rather than having it customized).

    Thats why its cheaper to build an AR15 from a stripped reciever and a parts kit than to just buy one, the FET on the lower was only $10-20 vs $70 for the complete rifle.

    Of course, the ATF is going pretty far outside the bounds for this, but that is their reasoning behind it.

    Kharn
     
  3. waterhouse

    waterhouse Member

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    Thanks for explaining that Kharn. I was sitting here thinking, "what could they possibly be thinking this time."

    While it still seems foolish, at least now it seems less foolish.
     
  4. boofus

    boofus Guest

    *** this ruling is completely absurd.

    I'd wager up to 75% of gun owners would be considered criminals under this mess. How many of you people have ever upgraded a 1911 with your favorite beavertail safety and match grade barrel? or changed variants on your HK USP, or purchased a threaded barrel for your handgun, bubbarized a SKS or Mauser with a new stock, or had your gun barrel ported/compensated? All those would be 'manufacturing a new firearm'

    :fire:
     
  5. cslinger

    cslinger Member

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    How many folks still actually have bone stock 10/22s and how much of an industry is built around this?
     
  6. Darth Ruger

    Darth Ruger Member

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  7. Kharn

    Kharn Member

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    Thats one problem with stickies, not many people pay attention to them and just scroll down to the first "real" post. :eek:

    Kharn
     
  8. Harry Tuttle

    Harry Tuttle Member

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    heck, i searched for "Competitive Edge Gunworks" before i made the new thread.
     
  9. only1asterisk

    only1asterisk member

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    Not your fault Harry. I used the man's name, not the name of the company.

    David
     
  10. Standing Wolf

    Standing Wolf Member in memoriam

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    The federal government already has far too much money. We should pull the financial plug on the B.A.T.F.E.
     
  11. pax

    pax Member

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    Posting to bump this, closing it because there's already a discussion about it in the sticky at the top of the forum.

    Hmmm. Think I'll fiddle with the title of the other thread ...

    pax
     
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