CFR /  Title 30  /  Part 1206  /  Sec. 1206.59 What interest applies if I improperly report a

(a) If you deduct a transportation allowance on Form ONRR-2014 without complying with the requirements of Sec. Sec. 1206.56 and 1206.57 or Sec. 1206.58, you must pay additional royalties due plus late payment interest calculated under Sec. 1218.54 of this chapter.

(b) If you erroneously report a transportation allowance that results in an underpayment of royalties, you must pay any additional royalties due plus late payment interest calculated under Sec. 1218.54 of this chapter.