Non-compliance can be costly. Companies that fail to do so are subject to audit and are potentially liable for interest and penalties. In New York, the lookback period, regardless of whether a company chooses to report through the Voluntary Compliance Program or not, is January 1, 1992. The interest that will be assessed will be at 10% per year computed for a period to commence upon the date such payment or delivery was required and to terminate upon the date of full compliance therewith. Any person willfully failing to make any full and complete report or to file any affidavit required shall be fined the sum of $100 for each day such report or affidavit shall be willfully delayed or withheld.