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 price is imposed on other portable weapons (rifles & shotguns) and ammunition