Firearm Industry Pays $16 Billion Tax Bill

by
posted on June 8, 2023
** When you buy products through the links on our site, we may earn a commission that supports NRA's mission to protect, preserve and defend the Second Amendment. **
16 Billion A
Photo by Guy J. Sagi.

Firearm and ammunition manufacturers have now paid more than $16.1 billion in federal excise tax contributions to the Wildlife Restoration Trust Fund, which began collecting the funds in 1937. The money, an expense above and beyond those paid by companies in most other industries, helps underwrite range development and conservation efforts, although the latter’s appeal to a broader audience routinely garners the lion’s share of headlines.  

The Wildlife Restoration Trust Fund, commonly known as the Pittman-Robertson Fund, is funded by excise taxes paid by firearm and ammunition manufacturers on their products, as well as archery equipment manufacturers. The tax is set at 11 percent of the wholesale price for long guns and ammunition and 10 percent of the wholesale price for handguns. It is paid by manufacturers and importers, applies to all firearms produced or imported for commercial federal law enforcement sales, whether the purpose is for recreational shooting, hunting or personal defense. It is administered by the Alcohol and Tobacco Tax and Trade Bureau of the Department of the Treasury, which turns the funds over to the U.S. Fish and Wildlife Service.

Wildlife & Sport Fish Restoration logo deer fish fisherman black leters text on image white background

 “The distribution of funds includes a requirement that $8,000,000 per year must be used for Enhanced Hunter Education programs, including the construction, operation, and maintenance of public target ranges. States can use these funds to pay up to 90 percent of the costs with the other 10 percent derived from other sources, but not from other federal grant programs,” NRA Range Services explains.

“The entire firearm and ammunition industry should celebrate this truly outstanding achievement and take pride in this announcement,” said National Shooting Sports Foundation President and CEO Joe Bartozzi. “The firearm and ammunition industry understands the conservation of wildlife and the habitats in which they thrive are invaluable. They are critical to future generations taking part in hunting and the recreational shooting sports traditions and learning about their vital importance.”

Latest

Shooting For 1000 1
Shooting For 1000 1

Reaching for 1,000: A Study in Long Range Marksmanship

Calculating all the factors that go into a well-placed shot at distance can be a daunting task for those new to long-distance marksmanship, but when it all comes together, the result is gratifying.

ATF Proposes Changes to Form 4473

The ATF proposed a series of changes to form 4473 in May. If approved, the modifications would shave three pages from the paperwork and eliminate a lot of the previous form’s confusing redundancy­, trimming questions for both the purchaser/transferee and FFL.

Roar of the Muskets: The North-South Skirmish Association

The North-South Skirmish Association keeps Civil War history alive through competition shoots using Civil War-era arms at its Fort Shenandoah home base, as well as at regional shoots across the country.

Interest in Gunsmithing Grows as Potential AI Safe Haven

We’re told AI could eventually eliminate every job, and the trades will just be the last to go. But a pair of experts dedicated to training gunsmiths have a different opinion on the fate of their graduates.

Pietta Re-Introduces Starr Revolver Models

Late last year, Pietta announced it would be re-introducing their Starr revolver in both its double-action and single-action form, and now, the guns are finally arriving stateside.

Why the Murder Rate Quickly Fell to a Likely Historic Low

If the gun-control Left is to be believed, then the murder rate in the U.S. should be going up. After all, gun sales and ownership rates have been rising for the last few decades and anti-gun groups claim that gun ownership is the cause of violent crime. This, of course, is nonsense.

Interests



Get the best of American Rifleman delivered to your inbox.