1. (a) Except as otherwise provided in this section, the provisions of this Part shall not relieve taxpayers of the responsibility to retain hardcopy records that are created or received in the ordinary course of business as required by existing statute and rule.
2. (b) Hardcopy records may be retained on a recordkeeping medium as provided in Rev 2906.10.
3. (c) The taxpayer shall not be required to create hardcopy records if such records are not produced or received in the ordinary course of transacting business such as when the taxpayer uses electronic data interchange technology.
4. (d) Hardcopy records generated at the time of a transaction using a credit or debit card shall 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 rule.
5. (e) Computer printouts that are created for validation, control, or other temporary purposes shall not need to be retained.
6. (f) Nothing in this section shall prevent the department from requesting hardcopy printouts in lieu of retained machine-sensible records at the time of examination.

Source. #8389, eff 7-8-05; ss by #10388, eff 7-25-13; ss by #13660, eff 6-21-23