DBBrinson1 wrote:
ROGUEDD wrote:
So you can buy full autos now? Don't you still have to pay a large tax stamp?
$300. keep the goddamn tax stamp with someone you trust and a copy with the firearm. It is almost guaranteed that some ignorant joe citizen, will call the police on you for yer' full auto/supressed/short barrel/potato gun (yes BATF&E licenses them all). So the local cops show up and arrest yer ass. Then they will 'lose' the tax stamp. About that time your Missus (or trusted friend) rides up with the original tax stamp, proving your legitimacy and thus springing you from the man. Rinse and repeat.
***Edit: A full auto is a great investment. You can use it and it will increase in value over time. A H&K MP5 goes for 15-25K.
$300?
What's the extra $100 for?
Most the stories I've heard involved people presenting the paperwork to the cops, the cops accepting it or calling the local BATFE to verify legitimacy. You are right, always carry a copy with the item and the original in a safe place. Not a bad idea to have a few copies in various locations (safety deposit box, friends, family, buried in yo mommas backyard, etc.).
ROGUEDD wrote:
So you can buy full autos now? Don't you still have to pay a large tax stamp?
You have to go through the same process for each NFA item (full auto, short barrel rifle, short barrel shotgun, suppressors, etc.) you purchase. You have to pay the $200 tax for each weapon and when you sell them the purchaser has to pay the $200 tax for each weapon. It's not a permit that allows you to buy as many as you want, its a process for each one. Basically every time one of these weapons is transferred to a different person the $200 tax has to be paid. Even if you put your NFA items on a trust you still have to pay the $200 tax and go through the process.
You can become a dealer and get around this. If you are a dealer you can also have the newer weapons.
ghettoperson wrote:
Why would it increase in price secondhand?
Fully autos had to be registered before the cutoff date. Only police, military and dealers can own full autos not registered before the cutoff date. The registration is closed for individuals and no new full autos can be added. That makes all of them rare and much more valuable. That is why anything fully auto is going to cost thousands of dollars and most likely only increase in cost.
From what I understand:
Imported machine guns had to be registered before the 1968 cutoff
US manufactured machine guns had to be registered before the 1986 cutoff
ghettoperson wrote:
Oh, you mean if you sell a full-auto second hand you're under no obligation to sell it to someone with a permit?
The "tax" is really a registration. They want to know where these weapons are. If you have a legally registered machine gun and you sell it to someone who didn't go through the process and get approval for your weapon then
Last edited by west-phoenix-az (2010-03-17 08:26:47)