National Firearms Act of 1934.
Enacted on June 26, 1934, currently codified as amended as I.R.C. ch. 53, is an Act of Congress in the United States that, in general, imposes
a statutory excise tax on the manufacture and transfer of certain firearms and mandates the registration of those firearms.
The Act was passed shortly after the repeal of Prohibition. The NFA is also referred to as Title II of the Federal firearms laws.
The NFA includes:
- Requires the registration of all fully automatic firearms.
- Requires the registration of all "sawed off" rifles and shotguns.
- Requires the registration of firearm silencers.
- Imposes a $200 transfer tax on the above items.