Knowledge (XXG)

Special Occupational Taxpayers

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1 July 2008, segments of the alcohol trade (producers and marketers of alcohol beverages, manufacturers of non-beverage products, users of tax-free alcohol, and users and dealers of specially denatured spirits) were also subject to special (occupational) taxes. These taxes were repealed in Public Law 109–59.
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In addition to the firearms industry, the tobacco industry is also subject to paying special (occupational) taxes, and are therefore SOTs. Specifically, manufacturers of tobacco products, manufacturers of cigarette papers and tubes, and tobacco export warehouse proprietors are subject to tax. Before
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The Special Occupational Tax is due on or before July 1 of each year. The tax rate for every importer and manufacturer is $ 1,000 per year or part of a year. 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
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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. In addition to the SOT tax, all importers and manufacturers must pay an annual
92: 49:(TTB) for firearms imported or manufactured for re-sale. The excise tax applies only when the quantity of firearms imported or manufactured during the year is 50 or more. 219: 46: 35: 189: 42: 151: 214: 98: 139: 115: 23: 120: 31: 194: 109: 71:
To get a Class 2 SOT status, a manufacturer FFL is needed, which are FFL Types 7 and 10.
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To get a Class 1 SOT status, an importer FFL is needed, which are FFL Types 8 and 11.
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weapons. The National Firearms Act Special Occupational Taxpayer class is part of the
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To get a Class 3 SOT status, a dealer FFL is needed which are FFL Types 1 and 2.
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Appendix A. Bureau of Alcohol, Tobacco, Firearms and Explosives
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Group of Federal Firearm Licensees in the United States
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Bureau of Alcohol, Tobacco, Firearms, and Explosives
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Bureau of Alcohol, Tobacco, Firearms and Explosives
140:ATF National Firearms Act Handbook (ATF P 5320.8) 185:FFLeZCheck system for verifying FFL validity 61:Class 2, Usage: manufacturer of NFA firearms 8: 190:NRA-ILA Factsheets: Federal Firearms License 58:Class 1, Usage: importer of NFA firearms 166:Alcohol and Tobacco Tax and Trade Bureau 30:who manufacture, import and/or transfer 132: 64:Class 3, Usage: dealer of NFA firearms 53:Special Occupational Taxpayer Classes 7: 200:Class3Dealers - FFL Online Directory 195:NRA-ILA Factsheets: Federal Gun Laws 121:National Firearms Transfer Tax Rates 220:United States federal firearms law 164:Firearms and Ammunition Excise Tax 14: 78:Other occupations subject to tax 152:National Firearms Act (NFA) FAQ 36:Internal Revenue Code of 1986. 20:Special Occupational Taxpayers 1: 99:Firearm Owners Protection Act 116:Gun law in the United States 236: 24:Federal Firearm Licensees 180:Directory of FFL holders 215:1934 in American law 47:Tax and Trade Bureau 227: 167: 161: 155: 149: 143: 137: 235: 234: 230: 229: 228: 226: 225: 224: 205: 204: 176: 171: 170: 162: 158: 150: 146: 138: 134: 129: 110:Gun Control Act 89: 80: 55: 22:are a group of 17: 12: 11: 5: 233: 231: 223: 222: 217: 207: 206: 203: 202: 197: 192: 187: 182: 175: 174:External links 172: 169: 168: 156: 144: 131: 130: 128: 125: 124: 123: 118: 113: 107: 102: 96: 88: 85: 79: 76: 66: 65: 62: 59: 54: 51: 15: 13: 10: 9: 6: 4: 3: 2: 232: 221: 218: 216: 213: 212: 210: 201: 198: 196: 193: 191: 188: 186: 183: 181: 178: 177: 173: 165: 160: 157: 153: 148: 145: 141: 136: 133: 126: 122: 119: 117: 114: 111: 108: 106: 103: 100: 97: 94: 91: 90: 86: 84: 77: 75: 72: 69: 63: 60: 57: 56: 52: 50: 48: 44: 38: 37: 33: 29: 28:United States 25: 21: 159: 147: 135: 81: 73: 70: 67: 39: 19: 18: 209:Categories 127:References 43:excise tax 105:Form 4473 87:See also 45:to the 26:in the 112:(1968) 101:(1986) 95:(ATF) 32:NFA 211::

Index

Federal Firearm Licensees
United States
NFA
Internal Revenue Code of 1986.
excise tax
Tax and Trade Bureau
Bureau of Alcohol, Tobacco, Firearms, and Explosives
Firearm Owners Protection Act
Form 4473
Gun Control Act
Gun law in the United States
National Firearms Transfer Tax Rates
ATF National Firearms Act Handbook (ATF P 5320.8)
National Firearms Act (NFA) FAQ
Firearms and Ammunition Excise Tax
Directory of FFL holders
FFLeZCheck system for verifying FFL validity
NRA-ILA Factsheets: Federal Firearms License
NRA-ILA Factsheets: Federal Gun Laws
Class3Dealers - FFL Online Directory
Categories
1934 in American law
United States federal firearms law

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