Question For Type 07/SOT Dealers
Is there a handbook, or a tutorial, or a video, to help explain the ins and outs of such a license?
ATF guy sent me some links to applicable Federal law, and it's all in legalese, and I'd prefer plain English. He also told me that the 10%/11% Federal Excise Tax on manufactured firearms is paid to the State of Texas. (??????)
I did find an exception that states no tax is due unless you build and sell more than 50 firearms in a calendar year?
If there isn't a handbook, video, Q&A, or flowchart, someone could make good money by creating one.
Thanks!
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FFL & Class 3 License Guides - FFL License
Get both your FFL License and Class 3 (SOT) License with the help of our step by step guides. Get access to both guides for low price. No-Risk 150% money back guaranteeThat one is $55. Not sure if it is worth the money or not.
There are a couple other resources but info is rather limited:
FFL License Types - Complete Guide By a Firearms Attorney
In this guide, we explain each type of FFL (Type 01, Type 07, etc.), what each FFL type is used for, and help you decide which one you should get.A Complete Guide to Getting an SOT License (Special Occupational Taxpayer)
A Special Occupational Taxpayer (SOT) license is one of the many licenses business owners must obtain to comply with federal, state, and local firearmsSOT License Guide [2023] - Everything You Need to Know - RocketFFL
An SOT License is required to make or sell NFA Firearms like suppressors, SBRs, and more. We cover everything about being a Special Occupational Taxpayer (SOT)[How-To] Get Your FFL License: Step-By-Step Guide
Ever wanted to become a licensed FFL and sell guns to the public? Well, here's your chance! Take a look at our step-by-step guide to get an FFL license.Hope these are helpful.
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