If I lived in a free state what exactly would my C&R allow me when it came to things like C&R M1A1s, PPSH41, M3s or Mod Deuces? Would I still need a tax stamp on them, or would standard C&R regs apply?
NFA arms, even if classed as C&R arms, nust still be transferred, and the transfer tax paid. It can be transferred directly to you without going thru a class III dealer, but tax man still wants his share. Translation- you want a nice 1928 Thompson smg. Being made in 1928 it is C&R based on age. Being a machinegun, it is also an NFA arm, and you will need to pony up the $200 tax.