Incorrect. A 80% receiver is NOT a firearm and not even a receiver(finished). You are taking a 80% receiver (hunk of metal) and completing it in to a "firearm"(AR15 lower receiver completed is the receiver/frame that has to be transferred) which is perfectly legal to do....for yourself but not legal to sell. In your "FFL Dealer" example the handgun ALREADY had its excise tax paid for by the manufacturer and was ALREADY a firearm when purchased by the FFL from the manufacturer/distributor.
Dont believe me....call the ATF so they can tell you what I just told ya.
Regardless of what is known or not, look at the raids conducted over the weekend by the ATF out in California in regardless to Ares Armor and their 80% lowers. Seized customer records for over 5K sales of what was originally determined to not be a firearm. Now they want to say they are a firearm, it's a slippery slope with the current powers to be. I for one do not want to be in possession of something the ATF determines to be an unregistered firearm, they might accidentally recover the rest of my collection that was lost in a boating accident...
Regardless of what is known or not, look at the raids conducted over the weekend by the ATF out in California in regardless to Ares Armor and their 80% lowers. Seized customer records for over 5K sales of what was originally determined to not be a firearm. Now they want to say they are a firearm, it's a slippery slope with the current powers to be. I for one do not want to be in possession of something the ATF determines to be an unregistered firearm, they might accidentally recover the rest of my collection that was lost in a boating accident...