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The Gun Control Act of 1968 (GCA) mandated that individual and corporate firearms dealers hold a Federal Firearms License (FFL). It also created a system for keeping prohibited persons (e.g. a person determined to be prohibited of possessing a weapon due to criminal history or immigration status) from buying guns that relied upon buyers ...
The tax rate for each dealer is $500 per year or part of a year. Importers and manufacturers engaged in business with less than $500,000 in gross receipts in the most recent taxable year are given relief in the form of a $500 reduction in SOT tax payment making the total SOT tax $500. [ 2 ]
Federal firearms license; Firearm case law; Firearm Owners Protection Act; Gun Control Act of 1968; Gun-Free School Zones Act (GFSZA) Gun law in the U.S. Gun laws in the U.S. by state; Gun politics in the U.S. Gun show loophole; High-capacity magazine ban; History of concealed carry in the U.S. Homemade firearm; International treaties for arms ...
The federal firearms license was established to and implement the Gun Control Act of 1968.The 1968 act was an update or revision of the Federal Firearms Act of 1938 (FFA), which required all manufacturers and dealers of firearms who ship or receive firearms or ammunition in interstate or foreign commerce to have a license, and forbade them from transferring any firearm or most ammunition to ...
eTrace is an Internet-based firearm trace request submission system, developed by the United States' federal government, Bureau of Alcohol, Tobacco, Firearms and Explosives, that provides for the electronic exchange of traced firearm data in a secure internet-based environment.
ATF Form 4473, October 2016 revision. A Firearms Transaction Record, or ATF Form 4473, is a seven-page form prescribed by the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) required in the United States of America to be completed when a person proposes to purchase a firearm from a Federal Firearms License (FFL) holder, such as a gun dealer.
The Federal Firearms Act of 1938 (FFA) imposed a federal license requirement on gun manufacturers, importers, and persons in the business of selling firearms.The term federal firearms licensee (FFL) is used to refer to those on whom the license requirement is imposed. [1]
This is a registration record which includes the personal information of the first retail purchaser, along with the identity of the selling dealer. 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.