The credit is limited to the amount of the business income tax liability or social security tax owed. A taxable business may apply the credit against its business income tax liability, and the normal carry-back and carry-forward rules apply. See the instructions for Form 3800, General Business Credit, for more details.
Share. By Ashley Crossman. Definition: A voluntary association is a group or organization that people may join or leave freely, that is free of external control, and whose purpose, goals, and methods are up to the members to determine.hare. By Ashley Crossman. Definition: A voluntary association is a group or organization that people may join or leave freely, that is free of external control, and whose purpose, goals, and methods are up to the members to determine.
An international organization is âa body that promotes voluntary cooperation and coordination between or among its members.â [1] There are many types of international organizations, but one way of categorizing them is to distinguish between intergovernmental organizations and supranational organizations.2] Decisions and agreements reached in this type of organization however are not enforceable, and the members remain independent. The crucial aspect of an IGO is that the members do not surrender any power (or sovereignty) to it. The United Nations is an intergovernmental organization.