How long must retailers keep receipts for items purchased from distributors and third parties? Is the retailer/distributor assumed to be guilty until they can show proof? — Associated Beer Distributors of Illinois (2023)

September 28, 2017

Matt Tanaka

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September 28, 2017

Matt Tanaka

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(Extreme example- do they need a receipt for the draft system a draft installer put in 30 years ago?)

1. Retailers must keep their receipts for 3 years and that distributors should carry the paid invoice for the same period. The same practice is recommended for third parties.
2. The burden is on the distributor and the retailer to show proof of ownership. Golden Rule is both the retailer and the distributor should keep the receipt and the paid invoice as long as the retailer purchased the item

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Matt Tanaka

Matt Tanaka is a digital marketer who lives in Chicago with his beautiful wife Laura and their incredibly lazy French Bulldog, Bento. He is an experienced writer, obsessive planner and firm believer in the ability of digital tools to connect brands with their audiences.

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