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Articles Posted in Form 4 – 5320.4 Transfer

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Revisions to North Carolina and Gun Trust Transfers and Machine Gun Update Under the NFA

North Carolina NFA Trust and Gun Trust Update: In Dec 2014, a Gun Trust transfer of a Machine Gun was rejected by the ATF when it stated “In Accordance with NC General Statute 14-409. Please remember that your Form 4 must state a reason other than for scientific and/or experimentation…

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Form 4 Wait times expected to decrease

The ATF told attendees at the NSSF Import/Export conference that they had hired 12 temporary research assistants and a supervisor to review Form 4 and Form 1 applications for mistakes before the examiner gets them. (Reported by Joshua Prince at the Prince Law Firm a PA Gun Trust Attorney) Back…

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Top 10 Questions & Answers from ATF

ATF receives numerous telephone and electronic inquiries on a daily basis. In an effort to provide individuals with the most up-to-date information, ATF has compiled a list of the top 10 most frequently asked questions and provided answers to those questions. Several of the questions deal with the manufacture, sale,…

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NFA Trust Question: I have heard about a one-time $500 Tax For Unlimited Silencer Transfers

First let me say there is no $500 one-time tax for unlimited transfers. There is a $500 yearly fee for a FFL to obtain a Class 3 SOT which allows them unlimited transfers for that year from other dealers for items owned by their FFL. This fee needs to be…

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Missouri (MO) What NFA Class 3 Firearms can I own?

There are several type of Class 3 items that are restricted by the National Firearms Act. Each state can impose additional restrictions on the sale, purchase, and transfer of class 3 firearms in addition to the compliance that is required with the national Firearms Act. In Missouri you can own…

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GEOGRAPHIC DISTRIBUTION OF NFA APPLICATIONS FOR PROCESSING BY ATF

The ATF National Firearms Act (NFA) Branch is pleased to announce that as of July 2011, ATF Forms 1, 2, 10 and ATF Form 5320.20 will be assigned to a legal instruments examiner for processing according to the State of the applicant’s address. The NFA Branch also will begin assigning…

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Purchase of Previously Manufactured NFA Firearm under a Form 1

If you are purchasing a Firearm that was previously manufactured under a Form 1 it may contain the engraving of the previous owner. Since this item was previously manufactured, you will be using an ATF Form 4 and not an ATF Form 1 to transfer this item and as such…

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Thinking of a New SBR? Check out the AAC 300 BLACKOUT

Check out the new 300 AAC Blackout from Advanced Armament Corp. http://www.youtube.com/watch?v=HbYLyfFf9u8 Introducing the Advanced Armament Corp. 300 AAC BLACKOUT (300BLK). This system was developed to launch 30 caliber projectiles from the AR platform without a reduction in magazine capacity and compatible with the standard bolt. Full power 123 grain…

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