Let Sowind's experience guide you through Federal Excise Tax

Paying federal excise taxes on certain products became a requirement for U.S. companies. The Federal Aid in Wildlife Restoration Act of 1937, most often referred to as the Pittman–Robertson Act is an act that imposes an 11% tax on firearms, ammunition, and archery equipment and distributes the proceeds to state governments for wildlife projects. 

The act was signed by Franklin D. Roosevelt on September 2, 1937. It has been amended many times, with several of the major amendments taking place during the 1970s and the most recent in 2000 to ensure companies paid a FET on the first sale of sport fishing equipment, fishing rods, poles, reels, tackle boxes, electric outboard motors, bows, arrows, bowstrings, and specified archery accessories.

For FET-related questions and concerns, please contact Sowind