La. Admin. Code tit. 61, § I-4361 - Wholesalers and Jobbers Required to Keep Records
A. As provided by
R.S.
47:310 and
R.S.
47:337.30, w holesalers and jobbers are
clearly within the definition of dealers set forth in
R.S.
47:301(4) and as dealers,
are required to maintain complete and accurate records pertaining to all sales
of tangible personal property made within a taxing jurisdiction whether such
sales are for cash or on terms of credit or whether they are taxable or
exempt.
B. For a complete
description of records which must be kept by all dealers, see
R.S.
47:309,
R.S.
47:337.29, and LAC 61:I.4359.
C. In the case of wholesalers and jobbers,
R.S.
47:310(B) and
R.S.
47:337.30(B) provide that
whoever violates this requirement shall be fined not less than $50 nor more
than $200 or imprisoned for not less than 10 days nor more than 30 days, or
both, for the first offense. For the second or each subsequent offense, the
penalties double.
Notes
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