§ 1206.59. What interest applies if I improperly report a transportation allowance?
73 words·~1 min read·
/us/cfr/t30/s§ 1206.59·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)If you deduct a transportation allowance on Form ONRR-2014 without complying with the requirements of §§ 1206.56 and 1206.57 or § 1206.58, you must pay additional royalties due plus late payment interest calculated under § 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 § 1218.54 of this chapter.
Connections1 cite this
Cited by 1 section
register
Citation graph
cites case law
§ 1206.59
What interest applies if I improperly report a transportation allowance?
Fed. Reg.×1
Cites 0Cited by 1 across 1 source