SECTION 6. COMPLIANCE

.01 A taxpayer’s imaging system that meets the requirements of this revenue procedure will be treated as being in compliance with the recordkeeping requirements of § 6001 and the regulations thereunder.

.02 A taxpayer’s imaging system that fails to meet the requirements of this revenue procedure may be treated as not being in compliance with the recordkeeping requirements of § 6001 and the regulations thereunder. See section 8 for applicable penalties. However, even though a taxpayer’s imaging system fails to meet the requirements of this revenue procedure, the penalties described in section 8 may not apply if the taxpayer maintains its original books and records, or maintains its books and records in micrographic form in conformity with Rev. Proc. 81– 46, 1981–2 C.B. 621.