1. (a) Any monthly production report form filed with the Oklahoma Tax Commission shall include the minimum information specified in 68 O.S. §1010 and in 710:45-5-1. Any such required monthly report form that does not include these minimum requirements shall not constitute the mandatory report required by statute.
2. (b) Any gross production or petroleum excise taxes remitted with an incomplete report form shall be accepted as payment of taxes due, and upon receipt of a proper report, the tax payment shall be apportioned.

3. (c) Upon receipt of a Tax Commission-approved monthly production report form from a person required to report monthly, which does not include the required information, the Director of the Audit Services Division of the Oklahoma Tax Commission, or a designee, shall notify the reporting taxpayer that:

   1. (1) The monthly report form filed with the Commission does not contain the minimum information required by 68 O.S. §1010 and 710:45-5-1 and such form does not constitute a valid monthly production report;
   2. (2) Pursuant to this Section, the person has failed to file a monthly production report;
   3. (3) The amount of penalties accrued; and,
   4. (4) Any remittance or payment made therewith has been accepted and will be apportioned by the Commission in accordance with the applicable statute. [See: 68 O.S. §1010]

Amended at 13 Ok Reg 3095, eff 7-11-96

Amended at 25 Ok Reg 2039, eff 7-1-08

Amended at 32 Ok Reg 1344, eff 8-27-15

Amended at 38 Ok Reg 1525, eff 9-1-21