[StoneChimney]

Not really, but it does make receiving the NFA item easier if it originates from out of state.

For instance, if you wanted to buy a Thompson SMG or Reising SMG from a dealer somewhere outside of Tennessee you would do the Form 4 and pay the tax just like any other Joe Citizen. BUT, the Class 3 dealer could ship directly to your door. No waiting on a Form 3 (dealer-to-dealer) and then the Form 4 (dealer-to-you).

Buying from a dealer in the same state, no difference than Joe Citizen. Form 4, $200 tax.

Some states allow C&R holders to possess NFA C&R firearms but prohibit non-licensees. Check your state laws for clarification on that.