A minor clarification.
"Guns that did not pay the transfer tax and were imported, manufactured or sold among class 3 dealers prior to May 19, 1986 are considered "Pre May Dealer Samples" and can only be owned by individuals holding a class 3 license. "
There is no such lisence. To deal in machine guns, a Type 01 FFL must pay a "Special Occupational Tax (SOT)", which entitles the licensee to deal inter and intra state commerce in Title II weapons. Contrary to popular belief, there is no special license required.
Tom A
Former Special Occupational Taxpayer
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