26 CAR § 9-109 – Effect on hard-copy recordkeeping requirements

(a)
1. (1) Except as otherwise provided in this section, the provisions of this part do not relieve taxpayers of the responsibility to retain hard-copy records that are created or received in the ordinary course of business as required by existing law and regulations.
2. (2) Hard-copy records may be retained on a recordkeeping medium as provided in 26 CAR § 9-108 of this part.
(b) If hard-copy records are not produced or received in the ordinary course of transacting business (e.g., when the taxpayer uses electronic data interchange technology), such hard-copy records need not be created.
(c)
1. (1) Hard-copy records generated at the time of a transaction using a credit or debit card must be retained unless all the details necessary to determine correct tax liability relating to the transaction are subsequently received and retained by the taxpayer in accordance with this part.
2. (2) Such details include those listed in 26 CAR § 9-104(b)(1).
(d) Computer printouts that are created for validation, control, or other temporary purposes need not be retained.
(e) Nothing in this section shall prevent the Secretary of the Department of Finance and Administration from requesting hard-copy printouts in lieu of retained machine-sensible records at the time of examination.