participate

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Related to participates: departing from, interfered, stupefyingly

participate

v. to invest and then receive a part or share, as in business profits, payments on a promissory note, title to land, or as one of the beneficiaries of the estate of a person who has died.

participate

verb act in concert, act together, affiliate with, aid, associate, be a party to, be in league with, be innolved, become involved with, collaborate, compete, consortem, contribute, cooperate, engage, ennage in, enter into, esse participem, get in the act, go along with, have a hand in, have a part in, have a part of, have a share of, join, join forces, join in, join in partnership with, partake, play a part in, share, share in, take a part in, take a part of, take an active part in, take an interest in, take part, undertake, unite efforts with, unite with, work together
Associated concepts: participate in a business venture, participate in a conspiracy, participate in a crime, particiiate in a labor dispute
See also: assist, associate, connive, contribute, cooperate, engage, espouse, federalize, federate, involve, join, partake
References in periodicals archive ?
The taxpayer's participation is more than 100 hours during the year, and no other individual participates more hours than the taxpayer (including nonowners).
The regulations provide that the term tax shelter promoter includes a tax shelter organizer under section 6111(e)(1) and any other person who participates in the organization, management or sale of a tax shelter or any person related (within the meaning of section 267 or 707) to such person.
information professionals participate and contribute, they learn and become
Since it is expected that everyone participate fully, no one is permitted to be anonymous.
Thus you as a forest owner can qualify under this test even if another individual or co-owner participates in the woodland operation more than you do during the tax year in question.
a percentage) is sufficient for an instrument to be deemed to participate in corporate growth to a significant extent.
Specifically, in such a case, the House and Senate versions of the Revenue Reconciliation Act each provide that a corporate taxpayer that signs a confidential agreement in connection with a "tax shelter" offering must either (i) send a written notice to the promoter of the taxpayer's decision not to participate in the shelter, or (ii) register the shelter with the Secretary of the Treasury, even if the taxpayer ultimately decides not to participate in the shelter.
The individual participates in the activity for more than 100 hours during the tax year, and such individual's participation in the activity for the tax year is not less than the participation in the activity of any other individual (including individuals who are not owners of interests in the activity) for such year;
Therefore, an individual who owns, in the same entity, both limited and general partnership interests (even if the latter is owned through another passthrough entity) should be able to use the following additional tests to determine whether he materially participates in the entity's activities for the tax year:
If the entity is a C corporation, the five-out-of-10-year rule does not apply; an individual may not actively participate in a C corporation.
Optima participates to a 35% working interest in this well and possible field extensions.
The other criterion that could potentially be relied on considers a taxpayer to be a material participant if he participates for more than 100 hours and his participation for the tax year is not less than the participation in the activity of any other individual.