TTB collects Federal excise taxes on the sale or use of firearms and ammunition by firearms or ammunition manufacturers, importers, and producers, and taxpayers may remit their excise tax payments by electronic funds transfer (EFT), as authorized under 26 U.S.C. 6302. Taxpayers who elect to pay these taxes by EFT must furnish a written notice to TTB when they elect to use, or discontinue use of, EFT. TTB uses this information to anticipate and monitor taxpayer methods of payment and to ensure that taxes are remitted in the appropriate form, as chosen by the taxpayer.
US Code:
26 USC 6302
Name of Law: Internal Revenue Code
On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control number;
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.
1513-0097 Supporting Statement (2016-03-16).docx
Notices Relating to Payment of Firearms and Ammunition Excise Tax by Electronic Fund Transfer