Posted: 2/26/2003 3:34:35 PM EDT
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For those of you with corporations set up for NFA items - 1 - How does the BATF know if the corp is dissolved intentionally or just allowed to lapse? 2 - Assuming the corp is set up only to acquire NFA goodies, how is the NFA goodie handled on the books? If I have purchased $15,000 of F/A and suppressor items, these are considered corp assets, right? In a "normal" business, corp assets are depreciated or written off over time. Do the same rules apply to the NFA goodies? There are no resale issues involved. Moe |