Understanding Fishing Equipment Federal Excise Tax Obligations The Politics of Fish

On this special edition episode, we’re talking taxes! Specifically, the federal excise tax on fishing equipment, which is paid by manufacturers and importers of fishing tackle and goes into the Sport Fish Restoration and Boating Trust Fund. These funds are then used on projects to create more and better fishing opportunities, like habitat restoration, maintaining fish hatcheries and building boat ramps. ASA recently held a webinar with a couple of experts in excise tax compliance to walk through the nuances of how fishing tackle companies can ensure they are meeting their excise tax obligations. What's provided here is the audio from that webinar.



Learn more about the federal excise tax on sportfishing equipment at https://asafishing.org/sportfish-restoration-excise-tax/



For ways to get involved in sportfishing policy, visit: https://asafishing.org