Code of Arkansas Rules Title 26 — Taxation
26 CAR § 9-107
Taxpayer responsibility and discretionary authority
(a) In conjunction with meeting the requirements of 26 CAR § 9-104, a taxpayer may create files solely for the use of the Secretary of the Department of Finance and Administration.
Example: If a database management system is used, it is consistent with this part for the taxpayer to create and retain a file that contains the transaction- level detail from the database management system and that meets the requirements of 26 CAR § 9-104. The taxpayer should document the process that created the separate file to show the relationship between that file and the original records.
(b)(1) A taxpayer may contract with a third party to provide custodial or management services of the records.
(2) Such a contract shall not relieve the taxpayer of its responsibilities under this part.
Source: view the official text
In this chapter (10 sections)
- 9-101 · Purpose
- 9-102 · Definitions
- 9-103 · Recordkeeping requirements — General
- 9-104 · Recordkeeping requirements — Machine-sensible records
- 9-105 · Records maintenance requirements
- 9-106 · Access to machine-sensible records
- 9-107 · Taxpayer responsibility and discretionary authority
- 9-108 · Alternative storage media
- 9-109 · Effect on hard-copy recordkeeping requirements
- 9-110 · Records retention — Time period