All applicants must maintain records, in paper or electronic form, of any qualified productions costs used to calculate their potential or actual benefit(s) under this program for a minimum of three years from the date the applicant claims the tax credit on its New York State tax return. The department shall have the right to request such records upon reasonable notice.
N.Y. Comp. Codes R. & Regs. Tit. 5 § 180.7