It also explains what happens if you don't keep adequate records or retain them for long enough.

If you don't keep adequate records you may be required to pay back any tax reclaimed, with interest.

Investigators for the federal agency also found that the Newark authority failed to keep adequate records of its tenants.

Third, the state must keep adequate records detailing enforcement actions.

You must keep adequate records of all your controlled export activities.

The trustee must also keep adequate records of the administration of the trust generally.

Thus far, we have sought to obtain adequate, relevant records and explanations without success.

That's fine, if making adequate records is what they're after.

In 1994, the agency grounded the airline, complaining that it did not have adequate records of its pilots' training.

You expect me to take on the liability without adequate records.