Penalty regime for failure to furnish or correct tax reports imposes escalating and fixed sanctions for non compliance. Penalty regime for reporting under section 511 establishes escalating daily penalties for a reporting entity that fails to furnish required reports or to produce requested information and documents, with a higher daily penalty triggered if non compliance continues after service of a penalty order. Separate fixed penalties apply where an entity furnishes inaccurate information and either knew of the inaccuracy at filing, fails to correct after discovery within a short period, or provides inaccurate material in response to a notice.