What is Sport Fishing Equipment Tax?
It's a federal excise tax imposed on certain fishing gear (like rods, tackle, and kits), paid at the first point of sale usually by the manufacturer or importer and established under the Dingell–Johnson Act to fund conservation and fishery management programs.
Sport fishing equipment including fishing rods and poles(have certain limits) is taxed at 10% of the sales price; electric outboard motors and fishing tackle boxes have a 3% excise tax
Who pays the Sport Fishing Equipment Tax?
The manufacturer or importer of Sport Fishing Equipment remits the tax to the IRS initially, but this cost is passed down through wholesalers and retailers, ultimately being included in the retail price paid by consumers.
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