§309. Dealers required to keep records
A.(1) Every dealer required to make a report and pay any tax under this Chapter shall
keep and preserve suitable records of the sales, purchases, or leases taxable under this
Chapter, and such other books of accounts as may be necessary to determine the amount of
tax due hereunder, and other information as may be required by the secretary; and each dealer
shall secure, maintain and keep until the taxes to which they relate have prescribed, a
complete record of tangible personal property received, used, sold at retail, distributed, or
stored, leased or rented, within this state by the said dealer, together with invoices, bills of
lading, and other pertinent records and papers as may be required by the secretary for the
reasonable administration of this Chapter, and a complete record of all sales or purchases of
services taxable under this Chapter until the taxes to which they relate have prescribed.
(2) These records shall be open for inspection to the secretary at all reasonable hours.
(3) The secretary is authorized to require all dealers who take deductions on their
sales tax returns for total sales under the minimum taxable bracket prescribed by him
pursuant to R.S. 47:304 to support their deductions by keeping written or printed detailed
records of said sales in addition to their usual books and accounts.
B. Any dealer subject to the provisions of this Chapter who violates the provisions
of this Section may be fined not more than five thousand dollars or imprisoned for not more
than sixty days, or both, for any such offense.
Acts 1983, No. 164, §2, eff. June 24, 1983; Acts 1988, No. 45, §1; Acts 2015, No.
128, §1, eff. July 1, 2015.