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1/25/2015 1:19:00 PM EDT
Ok, I'm an NFA noob...but I don't understand the point of Form 3. Is it just to harass dealers? I understand that ATF wants to know who has these things at all times, but it's not like a background check is required for a licensed dealer. I don't get why you can't just inform the ATF that the dealer to delete transfer has occurred with no need to wait for "approval"...sort of like what youre supposed to do if you permanently change bbl length on an NFA firearm. Is there a real purpose for these or is it just " fuck with them because we can" mode?
1/25/2015 3:13:53 PM EDT
[#1]
I somewhat understand the point, but think it should be a records keeping only issue that's an automatic approval in EForms. If the SN existed in one dealer's inventory, and the receiving dealer had valid credentials, it's done in less than an hour.
1/25/2015 6:10:54 PM EDT
[#2]
Quoted:
I understand that ATF wants to know who has these things at all times
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That is the answer, unfortunate as it may be.  
1/25/2015 8:03:57 PM EDT
[#3]
Ive always wondered the point of a form3 too.  What the hell is going on that it can take up to 3 months to approve??????

The form3 to me just shows how ignorant the ATF is.
1/25/2015 9:50:15 PM EDT
[#4]
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Quoted:
Ive always wondered the point of a form3 too.  What the hell is going on that it can take up to 3 months to approve??????

The form3 to me just shows how ignorant the ATF is.
View Quote


The Form 3 was created well before the ATF was created. It's written in the law that tax free transfers between SOT  payers are done on F3s.
1/26/2015 1:43:28 AM EDT
[#5]
The only use for it that I can see in the digital age would be that the ATF would have to see a sample letter for post-sample machine-guns if applicable.
1/26/2015 6:58:45 PM EDT
[#6]
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Quoted:


The Form 3 was created well before the ATF was created. It's written in the law that tax free transfers between SOT  payers are done on F3s.
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Quoted:
Quoted:
Ive always wondered the point of a form3 too.  What the hell is going on that it can take up to 3 months to approve??????

The form3 to me just shows how ignorant the ATF is.


The Form 3 was created well before the ATF was created. It's written in the law that tax free transfers between SOT  payers are done on F3s.


Does the law require written approval from the feds? Seems like you could just notify them and it'd be all good.
1/26/2015 9:12:40 PM EDT
[#7]
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Does the law require written approval from the feds? Seems like you could just notify them and it'd be all good.
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Quoted:
Quoted:
Quoted:
Ive always wondered the point of a form3 too.  What the hell is going on that it can take up to 3 months to approve??????

The form3 to me just shows how ignorant the ATF is.


The Form 3 was created well before the ATF was created. It's written in the law that tax free transfers between SOT  payers are done on F3s.


Does the law require written approval from the feds? Seems like you could just notify them and it'd be all good.

I'm fairly certain form 3's were never mentioned in in the law/statute. However, BATFE is the agency in charge of executing the statutory law and they've decided, through their powers, that they would make a "Form 3" for dealing with transfers between SOT's. It would probably be more appropriate to call it a "regulation" possibly (congress doesn't get bogged down by the details of shit they intend to unleash on the public).

In fact, government agencies are far more prolific at making new regulations that affect John Q Taxpayer than congress.

In the picture below, the cabinet is filled with all the regulations published in the federal register by government agencies in 2013. The small stack sitting on top of the cabinet is everything congress/president had to show for the same time period (again, 2013).
1/26/2015 9:49:40 PM EDT
[#8]
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Quoted:
Ive always wondered the point of a form3 too.  What the hell is going on that it can take up to 3 months to approve??????
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Those are two different questions/issues. To address the first question: The point of a Form 3 is for the ATF to keep track of transfers between dealers.

The second issue is more relevant: Why should it take any more than a cursory glance and an electronic transfer and to approve & log the transfer?
1/29/2015 5:43:23 PM EDT
[#9]
The general rule is that all transfers of NFA items are taxable. SOT-to-SOT dealer transfers are exempted, and the Form 3 is used to establish the exemption (from the tax). Form 5 is used to establish other kinds of exemptions.
1/29/2015 8:41:31 PM EDT
[#10]
i suppose my point was that there's no need to have a long delay for an approval prior to transferring the gun. Ship it, inform the ATF via whatever form, and then if the ATF does not approve, they can tax the dealer to their hearts content. It's not like they don't know how to get ahold of them or where they are. The wait/delay is the pointless part. The wait/approval for Form 1 makes sense...the person might be a felon. In the case of a dealer, the biz has a valid license to be a suppressor dealer and, likely, has a safe full of suppressors. What are you worried about, them getting 1 more? Doesn't make sense. I agree that they should vet the submissions to make sure that it's a non-taxable event under the law, but the wait/formal approval is just a waste of everyone's time.
1/29/2015 9:06:48 PM EDT
[#11]
Quote History
Quoted:


Those are two different questions/issues. To address the first question: The point of a Form 3 is for the ATF to keep track of transfers between dealers.

The second issue is more relevant: Why should it take any more than a cursory glance and an electronic transfer and to approve & log the transfer?
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Quoted:
Quoted:
Ive always wondered the point of a form3 too.  What the hell is going on that it can take up to 3 months to approve??????


Those are two different questions/issues. To address the first question: The point of a Form 3 is for the ATF to keep track of transfers between dealers.

The second issue is more relevant: Why should it take any more than a cursory glance and an electronic transfer and to approve & log the transfer?

Additionally, you might also consider that it is a check to ensure the magic MACs don't make a return...
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