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

Magpul Moe Qd Bipod Mlok Review F
Magpul Moe Qd Bipod Mlok Review F

Review: Magpul MOE QD Bipod for M-Lok

Sometimes the simplest changes make the biggest difference, and such is the case with Magpul's latest version of its MOE Bipod.

250 Years Of The U.S. Army: The Smoothbore Musket Era

Across 250 years of history, the actions of the Army have been closely intertwined with the direction and growth of the United States as a nation, and at the heart of it all was the soldier and his longarm.

MDT Sporting Goods Acquires Lone Peak Arms and Leading Edge Machine

MDT Sporting Goods, a leader in the precision rifle chassis systems and shooting accessories, has acquired Lone Peak Arms and Leading Edge Machine.

Review: Integrix iXF 4.5x28 SRS

Simplified aiming and faster acquisition are just two of the many benefits of this fixed-power riflescope.

Skills Check: The Rapid Transit Drill

Effectively transitioning between targets is a difficult skill this drill will help you master.

Brink's Security Selects Liberty For Duty Ammunition

Brink’s U.S. has selected Liberty Ammunition as the provider for the duty loads used by its executive protection teams.

Interests



Get the best of American Rifleman delivered to your inbox.