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Federal Excise Tax
Posted by:
Bob Ginther
(162.245.179.---)
Date: April 01, 2020 09:57PM
What is the Federal Excise tax that some retailers charge on rod blanks? $10.00 per blank. Re: Federal Excise Tax
Posted by:
Tom Kirkman
(Moderator)
Date: April 01, 2020 10:13PM
It is $10 or 10%, whichever is less. If you sell a rod, you should also be charing that tax to your customer.
[asafishing.org] You can also read more about how it impacts custom rod builders in the online library on this very site. .............. Re: Federal Excise Tax
Posted by:
Donald La Mar
(---)
Date: April 01, 2020 10:21PM
[en.wikipedia.org]–Robertson_Federal_Aid_in_Wildlife_Restoration_Act Re: Federal Excise Tax
Posted by:
Bob Ginther
(162.245.179.---)
Date: April 02, 2020 08:56AM
Thank you! Those were interesting reads. I was unaware of any of that. Re: Federal Excise Tax
Posted by:
Albert D Allbritton
(---.dr01.aplv.mn.frontiernet.net)
Date: April 07, 2020 10:58PM
If the federal tax is collected one time on the blank does it need to be charged the second time when finished? Sorry, only registered users may post in this forum.
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