64:01:01:49.  Taxpayer creation of machine-sensible records for department examination and responsibility for records. A taxpayer may create files solely for the use of the department. The taxpayer shall document the process that created the separate file to show the relationship between that file and the original records.

          A taxpayer may contract with a third party to provide custodial or management services of the records. The contract does not relieve the taxpayer of its responsibility to maintain records.

          Source: 28 SDR 178, effective July 1, 2002; 32 SDR 225, effective July 3, 2006.

          General Authority: SDCL 10-45-47.1(4), 10-45D-13(4), 10-46-35.1(4), 10-46A-19(4), 10-46B-18(4), 10-46E-11(4), 10-47B-2, 10-52A-7(4).

          Law Implemented: SDCL 10-45-45, 10-45D-12, 10-46-39, 10-46A-7, 10-46B-6, 10-46E-8, 10-47B-157, 10-52A-6.