11 Records.

(1) A principal shall keep and maintain records in relation to—

(a) the information and declaration required to be provided to the Revenue Commissioners under section 530B of the Act,

(b) relevant payments which are required to be notified to the Revenue Commissioners under section 530C of the Act, including the tax deducted from each such payment,

(c) registration details required by the Revenue Commissioners under section 530J of the Act,

(d) the details included on a return made or required to be made under Chapter 2 of Part 18 of the Act,

(e) the details required to be included on a return under Chapter 2 of Part 18 of the Act, and

(f) tax due and payable under Chapter 2 of Part 18 of the Act.

(2) Records required to be kept or retained by virtue of section 530S of the Act and paragraph (1) shall—

(a) (i) be kept in written form in an official language of the State, or

(ii) subject to section 887(2) of the Act, be kept by means of any electronic, photographic or other process, and

(b) be retained by the person required to keep the records—

(i) for a period of 6 years after the completion of the transactions, acts or operations to which they relate, or

(ii) in the case of a person who fails to comply with section 530K(1) of the Act, until the expiry of a period of 6 years from the end of the return period in which the relevant return has been delivered.

(3) Where a principal, acting in accordance with any provision of Chapter 2 of Part 18 of the Act or these Regulations, creates or causes to be created any record, including records as defined in section 886 of the Act, the obligation of that principal to keep or retain that record, or cause that record to be kept or retained, shall exist notwithstanding the fact that a similar or identical record may be kept by the Revenue Commissioners.