Semi Automatic Rifle Import Ban (1989)

1989 Import ban

  Wed March 15, 1989 – spring suspension July 7, 1989 – Signed into law Bush Administration banned imports of semiautomatic assault rifles indefinitely announced by William J. Bennett, the director of national drug policy requests from importers to bring in the rifles had nearly tripled those for all of 1988 Law enforcement officers have complained … Read more

Firearms and Ammunition Excise Tax (FAET)

February 25, 1919 Section 4181 of the Internal Revenue Code imposes an excise tax on imported firearms and ammunition since January 2003  – administered by the Alcohol and Tobacco Trade Bureau (TTB) within the U.S. Dept. of Treasury 10% tax of the sales price is imposed on pistols and revolvers 11% tax of the sales … Read more