Section 35-1-04-103 - Definitions1. "ACH" - Automated Clearing House - A central distribution and settlement point for the electronic clearing of debits and credits between financial institutions rather than the physical movement of paper items. 2. "ACH Credit" - The electronic funds transfer payment method where the transactions are initiated and generated by the taxpayer, cleared through the system for deposit to the Treasury. 3. "ACH Debit" - The electronic funds transfer payment method where transactions are generated by the Department upon the taxpayer's instruction and cleared through the ACH system for deposit to the Treasury. 4. "Addenda Record" - The information required by the Department in an ACH Credit transfer in approved electronic format. 5. "Department of Revenue" - The Mississippi Department of Revenue. 6. "Due Date" - The date on or before which a return filing or payment is required to be made by a taxpayer under a revenue law of this state. 7. "EFT" - Electronic Funds Transfer - Any transfer of funds initiated through an electronic terminal, telephone instrument, computer or magnetic tape so as to order, instruct, or authorize a financial institution to debit or credit an account using the methods specified in this rule. 8. "Payment Information" - The data which the Department requires of a taxpayer making an EFT payment. 9. "State Treasury" - The Treasury of the State of Mississippi. 10. "TAP" - Taxpayer Access Point. 11. "Taxpayer" - Any person required to file and remit an amount to the Department whether it is for a tax, fee, license, or any other obligation. For the purpose of this rule, "person" includes any individual, firm, association, corporation, estate, trust, business trust, receiver, syndicate, or other group or combination acting as a unit, and includes the plural as well as the singular number. 12. "Wire Transfer" - An instantaneous electronic funds generated by the taxpayer to the Treasury. 35 Miss. Code. R. 1-04-103