Internal Revenue Service
Revenue Ruling sm

Rev. Rul. 67-453

1967-2 C.B. 378

Full Text

Rev. Rul. 67-453 /1/

Air pistols and air rifles that are not capable of using an explosive to discharge their projectiles do not come within the scope of section 4181 of the Internal Revenue Code of 1954. Accordingly, sales of such pistols and rifles are not subject to the manufacturers excise tax imposed by that section of the Code.

This Revenue Ruling restates under current law the position set forth in S.T. 509, C.B. XI-2, 483 (1932). Therefore, S.T. 509 is hereby superseded.

/1/ Prepared pursuant to Rev. Proc. 67-6, C.B. 1967-1, 576.