Firearm Industry Pays $16 Billion Tax Bill

by
posted on June 8, 2023
** When you buy products through the links on our site, we may earn a commission that supports NRA's mission to protect, preserve and defend the Second Amendment. **
16 Billion A
Photo by Guy J. Sagi.

Firearm and ammunition manufacturers have now paid more than $16.1 billion in federal excise tax contributions to the Wildlife Restoration Trust Fund, which began collecting the funds in 1937. The money, an expense above and beyond those paid by companies in most other industries, helps underwrite range development and conservation efforts, although the latter’s appeal to a broader audience routinely garners the lion’s share of headlines.  

The Wildlife Restoration Trust Fund, commonly known as the Pittman-Robertson Fund, is funded by excise taxes paid by firearm and ammunition manufacturers on their products, as well as archery equipment manufacturers. The tax is set at 11 percent of the wholesale price for long guns and ammunition and 10 percent of the wholesale price for handguns. It is paid by manufacturers and importers, applies to all firearms produced or imported for commercial federal law enforcement sales, whether the purpose is for recreational shooting, hunting or personal defense. It is administered by the Alcohol and Tobacco Tax and Trade Bureau of the Department of the Treasury, which turns the funds over to the U.S. Fish and Wildlife Service.

Wildlife & Sport Fish Restoration logo deer fish fisherman black leters text on image white background

 “The distribution of funds includes a requirement that $8,000,000 per year must be used for Enhanced Hunter Education programs, including the construction, operation, and maintenance of public target ranges. States can use these funds to pay up to 90 percent of the costs with the other 10 percent derived from other sources, but not from other federal grant programs,” NRA Range Services explains.

“The entire firearm and ammunition industry should celebrate this truly outstanding achievement and take pride in this announcement,” said National Shooting Sports Foundation President and CEO Joe Bartozzi. “The firearm and ammunition industry understands the conservation of wildlife and the habitats in which they thrive are invaluable. They are critical to future generations taking part in hunting and the recreational shooting sports traditions and learning about their vital importance.”

Latest

001 Protegex Cover 01
001 Protegex Cover 01

TriStar Arms Protégé X: A Pocket-Size Punch

Inspired by successful designs of the past, the TriStar Arms Protégé X is a pocket-size, M1911-style handgun chambered for the popular 9 mm cartridge.

Hornady Family Honored with Legacy Award

In October, the Hornady family was recognized by the Greater Grand Island Community Foundation for its contribution to the city that Hornady calls home.

I Have This Old Gun: Model 1860 Spencer Carbine

One of the most revolutionary shoulder arms of the American Civil War, the Model 1860 Spencer carbine went from being an experimental design at the war's beginning to ultimately becoming the official issue arm of the U.S. Cavalry by war's end.

New For 2025: Tippmann Arms Integrally Suppressed M4-22s

In anticipation of the upcoming $0 NFA tax stamp enactment, Tippmann Arms is now offering integrally suppressed versions of its M4-22 design.

Favorite Firearms: A Winchester Model 54 Turns 100

Serving during World War I in 1918, my father completed two years in the Engineer Corps. In addition to his engineering duties, he and all the other soldiers had to carry and qualify with the Model 1903 Springfield rifle, since they were often on the front lines.

Winchester Ammunition Opens New Office In Missouri

Winchester Ammunition opened a new office in Clayton, Mo., which will accommodate much of the company's full-time administrative staff and is located several hours away from the Lake City Army Ammunition Plant.

Interests



Get the best of American Rifleman delivered to your inbox.