Is My Business Affected?
All firearms-, ammunition- and archery-industry members – with few exceptions – who manufacture, produce or import taxable equipment must pay the FET.
If you manufacture arrow shafts, bows with a draw weight of 30 pounds or more, or an accessory that attaches to a bow, you’re required to make quarterly FET payments to the IRS.
Arrow shaft tax rates change each year, as well. Your ATA provides an early estimate of the next years arrow shaft tax each September before the IRS release as a service to our members. Check back here in September for the 2021 tax rates.