Whois & Analysis for officialpayments.com

A debit card (also known as a bank card or check card) is a plastic payment card that can be used instead of cash when making purchases.

It is similar to a credit card, but unlike a credit card, the money comes directly from the user's bank account when performing a transaction.

A property tax (or millage tax) is a levy on the value of a property.

The tax is levied by the governing authority of the jurisdiction in which the property is located.

This can be a national government, a federated state, a county or geographical region or a municipality.

Multiple jurisdictions may tax the same property.

This is in contrast to a rent and mortgage tax, which is based on a percentage of the rent or mortgage value.

A credit card is a payment card issued to users (cardholders) to enable the cardholder to pay a merchant for goods and services, based on the cardholder's promise to the card issuer to pay them for the amounts so paid plus other agreed charges.

The card issuer (usually a bank) creates a revolving account and grants a line of credit to the cardholder, from which the cardholder can borrow money for payment to a merchant or as a cash advance.

An income tax is a tax imposed on individuals or entities (taxpayers) that varies with the income or profits (taxable income) of the taxpayer.

Details vary widely by jurisdiction.

Many jurisdictions refer to income tax on business entities as companies tax or corporate tax.

Partnerships generally are not taxed; rather, the partners are taxed on their share of partnership items.

Tax may be imposed by both a country and subdivisions.

Most jurisdictions exempt locally organized charitable organizations from tax.

A tax (from the Latin ) is a financial charge or other levy imposed upon a taxpayer (an individual or legal entity) by a state or the functional equivalent of a state to fund various public expenditures.

A failure to pay, or evasion of or resistance to taxation, is usually punishable by law.

Taxes consist of direct or indirect taxes and may be paid in money or as its labour equivalent.

Most countries have a tax system in place to pay for public/common/agreed national needs and government functions: some levy a flat percentage rate of taxation on personal annual income, some on a scale based on annual income amounts, and some countries impose almost no taxation at all, or a very low tax rate for a certain area of taxation.

Some countries also charge a tax on corporate income, dividends, or distributions—this is often referred to as double taxation as the individual shareholder(s) receiving this payment from the company will also be levied some tax on that personal income.