Article (101) — Retention of records and accounting books

A. A Taxable Person shall keep and retain accounting books and records for Tax purposes, including all of the following: 1. Accounting books related to the.() Taxable Person’s work (all of the transactions according to their chronological and numerical order). 2. Balance sheet and profit and loss account. 3. Records of salaries and wages. 4. Records of fixed assets. 5. Inventory records and accounts (including quantities and values) at the end of any relevant Tax Period. 6. A copy of Tax Invoices, credit and debit notes issued, and original Tax Invoices received by the Taxable Person. 7. All customs documents relating to import and export transactions carried out by the Taxable Person. 8. Additional records determined by the Bureau. B. Taxable Persons must retain records and accounting books in a secure way to avoid their damage, and in a state where they can be read and reviewed. C. A Tax Representative shall keep the records stipulated in Paragraph A of this Article. D. A Tax Agent may keep the records stipulated in Paragraph A of this Article. E. The Bureau reserves the right to request a Taxable Person to keep additional records, and shall notify the Taxable Person where the Bureau considers this necessary.