Firearms & Ammunition Excise Tax Topic of White Paper From CRS
September 24, 2026
September 24, 2026
WASHINGTON, Sept. 24 (TNSLrpt) -- The Congressional Research Service issued the following In Focus white paper (No. IF12173) on Sept. 16, 2026, by economic policy senior specialist Jane G. Gravelle.
Here are excerpts:
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Firearms and Ammunition Excise Tax (FAET)
The federal government first imposed excise taxes on firearms and ammunition over 100 years ago. Today, Section 4181 of the Internal Revenue Code imposes an excise tax at 10% of the . . .
Here are excerpts:
* * *
Firearms and Ammunition Excise Tax (FAET)
The federal government first imposed excise taxes on firearms and ammunition over 100 years ago. Today, Section 4181 of the Internal Revenue Code imposes an excise tax at 10% of the . . .