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If transferring a firearm to another individual in a "sale" I know?

A sale requires the exchange of money, or something else of value, to obtain another thing of value. An even trade is not a sale. Most states do not enforce a sales tax on individual sellers of merchandise on an irregular basis. Garage sales are an example of periodic merchandise sales. However, if you host a garage sale or yard sale every weekend, you become a merchant who must collect and remit sales tax. An individual who transfers ownership of a firearm does not make a sale unless money (or another item of value) changes hands. Since it is an irregular transaction, there is no sales tax. It has to be a periodic transaction because one engaged in the routine exchange of ownership of firearms to another needs an FFL. An FFL collects sales tax and records the details of the ownership transfer. If you go into a store and purchase a piece of gum for $0.01 with a sales tax of 9%, you pay $0.01. Doing the math is straightforward: $0.01 x .09 = $0.0009 $0.01 + .0009 = $0.0109 Round = $0.011 Round = $0.01 Before you pay anything in tax on a one penny item, you need a sales tax rate of 45%. $0.01 x .45 = $0.0045 $0.01 + .0045 = $0.0145 Round = $0.015 Round = $0.02 With a 9% sales tax, you can purchase four pieces of one penny candy without paying tax. When you buy the fifth piece, you pay tax because rounding adds the penny.

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