Mich. Admin. Code R. 205.4110 - Taxpayer responsibility and discretionary authority
Rule 10.
(1) To
meet the requirements of part 2 of these rules, a taxpayer may create files
solely for the use of the department. For example, if a data base management
system is used, the taxpayer may create and retain a file that contains the
transaction-level detail from the data base management system and that meets
the requirements of part 2 of these rules. The taxpayer shall document the
process that created the separate file to show the relationship between that
file and the original records.
(2)
A taxpayer may contract with a third party to provide custodial or management
services of the records. The contract shall not relieve the taxpayer of its
responsibilities under these rules.
Notes
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.
No prior version found.