Thread: 01...03 again
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Old 10-12-2017, 11:57 AM
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ugimports ugimports is online now
Join Date: Jun 2009
Location: Fremont, CA
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If that premise is true, that an 01 does not need an 03 to acquire C&R's for his/her personal collection...
This s correct... you don't NEED an 03... it's optional..however, what this means is that you are liable for sales tax from out of state 03 to personal firearms.

Whereas if you had an 03 you would be doing an out of state 03 to your 03 which is tax free...depending what version of BOE response you've received in the past..

There are some personal tax implications although depending on your volume may not be worth the trouble..

Also depending on your FFL structure it may or may not negate the need for 4473s.. No FFL03 means you may still be doing 4473s for C&R firearms to personal collection (unless sole proprietor, etc..).
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Last edited by ugimports; 10-12-2017 at 11:58 AM.. Reason: added 4473
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