The comptroller shall provide depository account holders with statements or other required documentation needed to report taxable gains and losses arising from depository transactions in a manner that complies with federal law or as prescribed by the Internal Revenue Service. To the extent permitted by law, any statement or other documentation required under this section may be provided electronically.

Source Note: The provisions of this §14.16 adopted to be effective December 27, 2017, 42 TexReg 7411