[Code of Federal Regulations]
[Title 26, Volume 17]
[Revised as of April 1, 2004]
From the U.S. Government Printing Office via GPO Access
[CITE: 26CFR53.6001-1]

[Page 241]
 
                       TITLE 26--INTERNAL REVENUE
 
    CHAPTER I--INTERNAL REVENUE SERVICE, DEPARTMENT OF THE TREASURY 
                               (CONTINUED)
 
PART 53_FOUNDATION AND SIMILAR EXCISE TAXES--Table of Contents
 
                 Subpart L_Procedure and Administration
 
Sec. 53.6001-1  Notice or regulations requiring records, statements, 
and special returns.

    Source: T.D. 7368, 40 FR 29843, July 16, 1975, unless otherwise 
noted. Redesignated by T.D. 8084, 51 FR 16303, May 2, 1986.


    (a) In general. Any person subject to tax under Chapter 42, Subtitle 
D, of the Code shall keep such complete and detailed records as are 
sufficient to enable the district director to determine accurately the 
amount of liability under Chapter 42.
    (b) Notice by district director requiring returns, statements, or 
the keeping of records. The district director may require any person, by 
notice served upon him, to make such returns, render such statements, or 
keep such specific records as will enable the district director to 
determine whether or not such person is liable for tax under Chapter 42.
    (c) Retention of records. The records required by this section shall 
be kept at all times available for inspection by authorized internal 
revenue officers or employees, and shall be retained so long as the 
contents thereof may become material in the administration of any 
internal revenue law.