§ 26-05 Taxpayer Responsibility and Discretionary Authority.
RCNY § 26-05
(a)In conjunction with meeting the requirements of 19 RCNY § 26-04, a taxpayer may create files solely for the use of the Department. For example, if a database management system is used, it is consistent with these rules 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 19 RCNY § 26-04. The taxpayer should document the process that created the separate file to show the relationship between that file and the original records.
(b)A taxpayer may contract with a third party to provide custodial or management services of the records. Such a contract must not relieve the taxpayer of its responsibilities under these rules.
