Article 26-7Retention of Copies, etc. of Qualified Invoices by Intermediaries, etc.

①An intermediary, etc. (meaning an intermediary, etc. prescribed in Article 70-12, paragraph (1) of the Order; the same applies in the following paragraph and paragraph (3)) or enforcement agency (meaning an enforcement agency prescribed in Article 70-12, paragraph (5) of the Order; the same applies in the following paragraph and paragraph (3)) must organize copies of the qualified invoices, etc. delivered pursuant to Article 70-12, paragraph (1) of the Order (meaning the qualified invoices, etc. prescribed in Article 70-12, paragraph (1) of the Order; the same applies in the following paragraph) or of the qualified invoices delivered pursuant to Article 70-12, paragraph (5) of the Order (meaning the qualified invoices prescribed in Article 57-4, paragraph (1) of the Act; the same applies in the following paragraph), or the electronic or magnetic records relating to the matters to be stated in those documents that it has provided (meaning electronic or magnetic records prescribed in Article 57-4, paragraph (5) of the Act; hereinafter the same applies in this Article), and retain them at its place for tax payment or at the location of the office or similar place relating to the transaction, for seven years from the day on which two months (one month, where the residual assets of a corporation in liquidation have been finalized) have elapsed from the day following the last day of the taxable period that includes the day on which it delivered or provided them.

②An intermediary, etc. that has provided electronic or magnetic records relating to the matters to be stated in qualified invoices, etc. pursuant to Article 70-12, paragraph (1) of the Order, or an enforcement agency that has provided electronic or magnetic records relating to the matters to be stated in qualified invoices pursuant to Article 70-12, paragraph (5) of the Order, is to retain those electronic or magnetic records by taking any of the measures listed in the items of Article 4, paragraph (1) (Retention of Electronic or Magnetic Records of Transaction Information of Electronic Transactions) of the Regulation for Enforcement of the Act on Special Provisions concerning Preservation Methods for Books and Documents Related to National Tax Prepared by Means of Computers, and in accordance with requirements equivalent to the requirements prescribed in that paragraph.

③Notwithstanding the preceding two paragraphs, an intermediary, etc. or enforcement agency that retains electronic or magnetic records pursuant to those provisions may adopt the method of retaining a document prepared by outputting those electronic or magnetic records (limited to one output in an orderly format and in a clear condition). In this case, that intermediary, etc. or enforcement agency must organize and retain that document at the place where it is to be retained pursuant to paragraph (1), for the period for which it is to be retained pursuant to that paragraph.

④The retention under paragraph (1) (excluding the retention of electronic or magnetic records under that paragraph) during the period on or after the day on which five years have elapsed from the day on which two months have elapsed from the day following the last day of the taxable period prescribed in that paragraph may be by a method specified by the Minister of Finance.