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Revenue Ruling 57-606
Rev. Rul. 57-606
1957-2 C.B. 733
Headnote
The manufacturers excise tax imposed by section 4181 of the Internal Revenue Code of 1954 is applicable to sales of antique firearms by an importer.
ISSUE
Advice has been requested whether the manufacturers excise tax applies to sales of antique firearms by an importer.
LAW AND ANALYSIS
Section 4181 of the Internal Revenue Code of 1954 imposes a tax upon sales by the manufacturer, producer, or importer of pistols, revolvers, firearms, shells, and cartridges.
Whether a firearm is an antique is immaterial in determining the applicability of the manufacturers excise tax.
HOLDING
Accordingly, it is held that sales of antique firearms by an importer are subject to the manufacturers excise tax imposed by section 4181 of the Code.
