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us-co/statute/39/39-26-116 — Record of sales · Axiom

Record of sales

2 rules

It is the duty of every person engaging or continuing in business in this state, for the transaction of which a license is required under this part 1 to keep and preserve suitable records of all sales made by him and such other books or accounts as may be necessary to determine the amount of tax for the collection of which he is liable under this part 1. It is the duty of every such person to keep and preserve for a period of three years all invoices of goods and merchandise purchased for resale and all such books, invoices, and other records shall be open for examination at any time by the executive director of the department of revenue or his duly authorized agent.

in view

Whole section

Encodings · 2

resale_invoice_retention_period_yearsCO 39 § 39-26-116 · parameter

C.R.S. 39-26-116

name: resale_invoice_retention_period_years
kind: parameter
dtype: Count
period: Year
source: C.R.S. 39-26-116
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: parameter
        source:
          corpus_citation_path: us-co/statute/39/39-26-116
          excerpt: for a period of three years all invoices
versions:
  - effective_from: '0001-01-01'
    formula: '3'

recordkeeping_duties_satisfiedCO 39 § 39-26-116 · derived

C.R.S. 39-26-116

name: recordkeeping_duties_satisfied
kind: derived
entity: Person
dtype: Judgment
period: Year
source: C.R.S. 39-26-116
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: condition
        source:
          corpus_citation_path: us-co/statute/39/39-26-116
      - path: versions[0].formula
        kind: formula
        source:
          corpus_citation_path: us-co/statute/39/39-26-116
      - path: versions[0].formula
        kind: parameter
        source:
          corpus_citation_path: us-co/statute/39/39-26-116
          excerpt: for a period of three years
versions:
  - effective_from: '0001-01-01'
    formula: |-
      not person_engages_or_continues_business_in_state
      or not business_transaction_requires_license_under_part_1
      or (
        preserves_suitable_sales_records_and_necessary_books_or_accounts
        and preserves_all_resale_purchase_invoices
        and years_resale_purchase_invoices_preserved >= resale_invoice_retention_period_years
        and books_invoices_and_other_records_open_for_examination_by_director_or_authorized_agent
      )

▸rulespec code

Shown source

statutes/39/39-26-116.yaml

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View on GitHub

Rules

resale_invoice_retention_period_years

Parameter

source: C.R.S. 39-26-116

- name: resale_invoice_retention_period_years
  kind: parameter
  dtype: Count
  period: Year
  source: C.R.S. 39-26-116
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us-co/statute/39/39-26-116
            excerpt: for a period of three years all invoices
  versions:
    - effective_from: '0001-01-01'
      formula: '3'

recordkeeping_duties_satisfied

Derived

source: C.R.S. 39-26-116

- name: recordkeeping_duties_satisfied
  kind: derived
  entity: Person
  dtype: Judgment
  period: Year
  source: C.R.S. 39-26-116
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: condition
          source:
            corpus_citation_path: us-co/statute/39/39-26-116
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us-co/statute/39/39-26-116
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us-co/statute/39/39-26-116
            excerpt: for a period of three years
  versions:
    - effective_from: '0001-01-01'
      formula: |-
        not person_engages_or_continues_business_in_state
        or not business_transaction_requires_license_under_part_1
        or (
          preserves_suitable_sales_records_and_necessary_books_or_accounts
          and preserves_all_resale_purchase_invoices
          and years_resale_purchase_invoices_preserved >= resale_invoice_retention_period_years
          and books_invoices_and_other_records_open_for_examination_by_director_or_authorized_agent
        )

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Record of sales

2 rules

Official source

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in view

Whole section

Encodings · 2

resale_invoice_retention_period_yearsCO 39 § 39-26-116 · parameter

C.R.S. 39-26-116

name: resale_invoice_retention_period_years
kind: parameter
dtype: Count
period: Year
source: C.R.S. 39-26-116
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: parameter
        source:
          corpus_citation_path: us-co/statute/39/39-26-116
          excerpt: for a period of three years all invoices
versions:
  - effective_from: '0001-01-01'
    formula: '3'

recordkeeping_duties_satisfiedCO 39 § 39-26-116 · derived

C.R.S. 39-26-116

name: recordkeeping_duties_satisfied
kind: derived
entity: Person
dtype: Judgment
period: Year
source: C.R.S. 39-26-116
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: condition
        source:
          corpus_citation_path: us-co/statute/39/39-26-116
      - path: versions[0].formula
        kind: formula
        source:
          corpus_citation_path: us-co/statute/39/39-26-116
      - path: versions[0].formula
        kind: parameter
        source:
          corpus_citation_path: us-co/statute/39/39-26-116
          excerpt: for a period of three years
versions:
  - effective_from: '0001-01-01'
    formula: |-
      not person_engages_or_continues_business_in_state
      or not business_transaction_requires_license_under_part_1
      or (
        preserves_suitable_sales_records_and_necessary_books_or_accounts
        and preserves_all_resale_purchase_invoices
        and years_resale_purchase_invoices_preserved >= resale_invoice_retention_period_years
        and books_invoices_and_other_records_open_for_examination_by_director_or_authorized_agent
      )

▸rulespec code

Shown source

statutes/39/39-26-116.yaml

Displaying the canonical repository encoding.

View on GitHub

Rules

resale_invoice_retention_period_years

Parameter

source: C.R.S. 39-26-116

- name: resale_invoice_retention_period_years
  kind: parameter
  dtype: Count
  period: Year
  source: C.R.S. 39-26-116
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us-co/statute/39/39-26-116
            excerpt: for a period of three years all invoices
  versions:
    - effective_from: '0001-01-01'
      formula: '3'

recordkeeping_duties_satisfied

Derived

source: C.R.S. 39-26-116

- name: recordkeeping_duties_satisfied
  kind: derived
  entity: Person
  dtype: Judgment
  period: Year
  source: C.R.S. 39-26-116
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: condition
          source:
            corpus_citation_path: us-co/statute/39/39-26-116
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us-co/statute/39/39-26-116
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us-co/statute/39/39-26-116
            excerpt: for a period of three years
  versions:
    - effective_from: '0001-01-01'
      formula: |-
        not person_engages_or_continues_business_in_state
        or not business_transaction_requires_license_under_part_1
        or (
          preserves_suitable_sales_records_and_necessary_books_or_accounts
          and preserves_all_resale_purchase_invoices
          and years_resale_purchase_invoices_preserved >= resale_invoice_retention_period_years
          and books_invoices_and_other_records_open_for_examination_by_director_or_authorized_agent
        )