Meh... many corporations own firearms. Colt Inc? Blackwater? All those PI and security companies.I would be careful. For one, I am not sure that a state corporation (or other business entity) can own a firearm. Otherwise, a convicted felon could simply form a corporation, then make a purchase just like you have. The company may need a federal license to own.
I would be careful. For one, I am not sure that a state corporation (or other business entity) can own a firearm. Otherwise, a convicted felon could simply form a corporation, then make a purchase just like you have. The company may need a federal license to own.
There are many IRS opinions out regarding mixing hobbies and business. I would ask a CPA or an attorney.