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Transferring previous purchases into a trust

Discussion in 'NFA Weapon Discussion' started by MilesTeg, Dec 7, 2010.

  1. MilesTeg

    MilesTeg Troutdale, OR Active Member

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    Do you have to pay the $200 tax again to transfer currently owned NFA items into a trust or just fill out the Form 4 with no additional tax.

    Thanks
     
  2. Nwcid

    Nwcid Yakima and N of Spokane Well-Known Member

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    Yes each transfer requires you to pay the tax. Only way not to pay is to die and leave it to your family.
     
  3. wired

    wired Yakima Well-Known Member

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    Yep. Not possible without paying the tax. Only situation where you'd want to do it is on dissolution of a corporation. Otherwise there is no benefit to doing so.