                                 CODE OF VIRGINIA

RECORDS (§ 58.1-633)

A. Every dealer required to make a return and pay or collect any tax under this
chapter shall keep and preserve suitable records of the sales, leases, or
purchases, as the case may be, taxable under this chapter, and such other books
of account as may be necessary to determine the amount of tax due hereunder, and
such other pertinent information as may be required by the Tax Commissioner.

B. In order to aid in the administration and enforcement of the provisions of
this chapter, all wholesalers and jobbers in this Commonwealth shall keep a
record of all sales of tangible personal property, whether such sales be for
cash or on terms of credit. Such records shall include the name and address of
the purchaser, the number of the certificate of registration issued to the
purchaser, the date of the purchase, the article purchased, and the price at
which the article is sold to the purchaser. Any wholesaler or jobber failing to
keep such records shall be guilty of a Class 1 misdemeanor. Any person who is
both a retailer and a wholesaler or jobber and who fails to keep proper records
showing wholesale sales and retail sales separately shall pay the tax as a
retailer on both classes of his business.

C. For the purpose of enforcing the collection of the tax levied by this
chapter, the Tax Commissioner is authorized to examine the books, records, and
other documents of all transportation companies, agencies, firms, or persons as
defined herein that conduct their business by truck, rail, water, airplane, or
otherwise, in order to determine what dealers are importing or otherwise are
shipping articles of tangible personal property which are liable for the tax. If
such transportation company, agency, firm or person as defined herein refuses to
permit such examination of its or his books, records, and other documents by the
Tax Commissioner, as aforesaid, it or he shall be guilty of a Class 1
misdemeanor. The Tax Commissioner may proceed by petitioning the appropriate
circuit court to require the transportation company, agency, firm, or person to
show cause as to why such books, records, and other documents should not be
examined pursuant to the injunction of the court, and as to why a bond should
not be required with proper security in the penalty of not more than $2,000
conditioned upon compliance with the provisions hereof for a period of not more
than 1 year.

HISTORY: Code 1950, § 58-441.29; 1966, c. 151; 1984, c. 675.