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Olympic Arms Federal Excise Tax Collection Indemnification Form
Re: Purchase and Resale of Olympic Arms AR/PCR rifle and Carbine kits and the purchase and resale of Olympic Arms stripped lower receivers. I, (name) _____________________________________________, hereby certify that I am the (title) ___________________________________________ for ________________________________(FFL Licensee or DBA. Hereafter to be referred to as "this firm"), and that I am authorized to execute this certificate on behalf of this firm, and do so under penalty of perjury. I hereby certify that I do fully understand the laws regarding Federal Excise Tax responsibilities and the purchase and resale of firearms/weapons kits as pursuant US Code 27CFR53 Pages 671-732*. I do hereby testify that all weapons kits purchase by this firm, and lower receivers purchased by this firm under the Federal Firearms Licence number of : ______ - _____ - _________ - _____ - ______ - ___________ are to be sold individually, not assembled as complete firearms, are not to be sold in conjunction with the remaining parts to complete a firearms kit, without the full and complete collection of FET, and proper payment of such collection as required by law. Additionally, Our firm and all of its employees (as stated and attested to above) take full and complete responsibility for the proper and legal enforcement of these regulations within our firm as outlined in US Code 27CFR53 Pages 671-732* and completely and fully indemnify Olympic Arms from any penalty or collection of FET due to improper purchases and resales made by this firm.
I understand that fraudulent use of this legal document will subject me and all parties of this firm making use of this document to all applicable criminal penalties under the Internal Revenue Code and BATF regulations.
Signed this _________ day of _________________, 20____. X: __________________________________________________ Address: ________________________________________________________________ ________________________________________________________________________ Phone # (_______) _______ - ___________ Fax # (_______) _______ - ____________ * This US Code can be found on the Official BATF web site by going here: http://www.atf.gov/regulations/27cfr53.htm |