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Trade Group Requests Deadline Extensions for Archery Excise Taxes

MAR. 27, 2020

Trade Group Requests Deadline Extensions for Archery Excise Taxes

DATED MAR. 27, 2020
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March 27, 2020

Dave Kautter, Assistant Secretary of Tax Policy
United States Department of Treasury
1500 Pennsylvania Avenue, NW
Washington, DC 20220

Dear Secretary Kautter:

The Archery Trade Association represents manufacturers, retailers, and partners to the archery and bowhunting industry. Its mission is to inspire growth, increase participation, and preserve the sports of archery and bowhunting. In times of crisis, sustainable food sources are critically important. Bowhunting provides access to resources, many on public lands, which can offset supply and demand issues common during these times.

The ATA encourages all local, state, and federal authorities to protect archery and bowhunting businesses, preserving their rights to remain open, while following appropriate guidelines. Access to bowhunting equipment, expertise, and guidance can relieve traditional market pressures under challenging circumstances, while also affording people the opportunity to remain active and healthy.

We applaud Treasury's recent decision to delay income tax payments during these times of national emergency. In addition, however, we ask that Treasury to extend the deadlines associated with the Federal Excise Tax on archery equipment. The 11% excise tax on bows and archery equipment as well as the $0.54 tax on arrow shafts would make a significant difference to manufacturing companies across the US and provide valuable cash and credit assets better enabling a sustainable future for this important industry during these incredibly challenging times.

Thanks in advance for your thoughtful consideration.

Regards,

Dan Forster, Vice President & Chief Conservation Officer
Archery Trade Association
Social Circle, GA

cc:
Charles Rettig, Commissioner, Internal Revenue Service
Mike Desmond, Chief Counsel, Internal Revenue Service

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