[Always Right]

Could have fooled me. In order for the provisions of this section to be invoked, there has to be some grounds for a dispute. The only way there can be a dispute is if the entity is liable for oversight in the first place. The only entities liable for oversight are those required to file reports -- retail sellers and certain special cases. Not everyday people buying retail goods and services.

LOL, you are really grasping for straws. All they have to do is think you are liable, and you can be audited. That is what the bill says. And there is no restrictions on who they can ask to produce document.

[kevkrom]

All they have to do is think you are liable, and you can be audited. That is what the bill says.

No, it isn't. It says that you are liable for producing "records" in case of a "dispute". Record-keeping is further defined in section 509, which, I will note says nothing about receipts received by an individual making a retail purchase. Show me where -- in the bill -- that a "dispute" covers a private individual involved in normal retail purchases, and then we'll talk. (Not that I'll be holding my breath...)

[Principled]

All they have to do is think you are liable, and you can be audited.

No, that would be today's IRS.