P.J. -- A few questions regarding MG

Navy · 10-23-2008, 10:48 AM

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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10-23-2008, 10:48 AM	#3
Navy RIP Join Date: Jun 2002 Location: Dc 'burbs in Virginia Posts: 2,482 Thanks: 0 Thanked 16 Times in 10 Posts	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