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Excise Tax

A special tax placed on specific goods or services, often paid by the producer, manufacturer, or importer, rather than directly by the consumer at the point of sale, though its cost can be passed on.

Internal Revenue Code of 1986

The official body of law in the United States that governs federal taxes.

Marketplace Provider

A company or platform (like a website) that allows different sellers to list their products for sale and also processes the payments from buyers to send to those sellers.

Importer

The person or company legally responsible for bringing goods into the United States from another country.

Specified Marketplace Sale

An online transaction where an imported sporting good is sold, a marketplace provider facilitates both the listing and payment, and the marketplace provider is not the original manufacturer of the item.

Taxable Sporting Good Article

Any item such as fishing equipment, archery equipment, firearms, or ammunition that is already subject to a specific federal excise tax.