Before the 2022 tax reform, a business who wants to apply the Electronic Book Preservation act had to obtain approval from the local tax office. However, after the tax reform, this requirement has been abolished. The updated Electronic Book Preservation Act has 3 main categories:
- Preservation of electronic books and documents
- Scanner preservation
- Electronic transaction
First 2 categories are optional, businesses can choose to comply or not.
But if it’s related to electronic transactions, they will be obliged to preserve the original digital documents according to this act.