Week of September 28, 2007
Greetings! We hope you have had a happy and healthy week! This week's newsletter includes announcements about the publication of a final firearm excise rule in the Federal Register and a last chance to sign up for our brewery seminar on October 10th in Denver.
In the TTB Newsletter, we compile the top TTB news of the week and other helpful information about the Bureau and the Federal alcohol and tobacco laws and regulations we enforce. Please send any questions and/or comments to Susan Stewart Evans, Executive Liaison for Industry Matters (susan.stewart-evans@ttb.gov) and/or Frosty Chapman, State Liaison (forrest.chapman@ttb.gov). |
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FINAL RULE: FIREARMS EXCISE TAXES; EXEMPTION FOR SMALL MANUFACTURERS, PRODUCERS, AND IMPORTERS
This final rule amends the regulations administered by the Alcohol and Tobacco Tax and Trade Bureau to reflect the small manufacturers excise tax exemption added by section 11131 of the Safe, Accountable, Flexible, Efficient Transportation Equity Act: A Legacy for Users. Section 11131 amended section 4182 of the Internal Revenue Code of 1986 to exempt any pistol, revolver, or firearm from excise tax if it was manufactured, produced, or imported by a person who manufactures, produces, or imports less than an aggregate of 50 such articles during the calendar year. The effective date of this rule is September 11, 2007.
Click here to view the document.
LAST CALL TO SIGN-UP!
Attend the 2007 TTB Brewery Seminar on October 10, 2007, in Denver. Space is limited. Read more.