Please note that we are required to issue K-1 forms to all U.S. unitholders, regardless if their units are held in a tax deferred account such as an IRA. What is Brookfield Infrastructure Partners Partnership ID Number? Owning a unit of BIP LP does not provide you with a U.S. tax filing obligation. Instead, Brookfield Infrastructure Partners receives various types of passive investment income, such as interest, dividends and return of capital, from subsidiary corporations that carry on business in various jurisdictions. Brookfield Infrastructure Fund IV-A, L.P. Mailing Address: c/o Brookfield Asset Managemetn Inc. Brookfield Place 250 Vesey Street New York, New York 10281-023: . We believe economic equivalence is achieved through identical dividends and distributions on the Shares and BIPs units and each Share being exchangeable at the option of the holder for one BIP unit at any time. Reg. The Statements of Funds from Operations per unit above are prepared on a basis that is consistent with the Partnerships Supplemental Information and differs from net income per limited partnership unit as presented in Brookfield Infrastructures Consolidated Statements of Operating Results on page 6 of this release, which is prepared in accordance with IFRS. Brookfield Infrastructure is the flagship listed infrastructure company of Brookfield Asset Management, a global alternative asset manager with approximately $690 billion of assets under management. Brookfield Infrastructure Partners L.P. - Google For more information, go to www.brookfield.com. Note: This news release may contain forward-looking information within the meaning of Canadian provincial securities laws and forward-looking statements within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended, Section 21E of the U.S. Securities Exchange Act of 1934, as amended, safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995 and in any applicable Canadian securities regulations. The fund targets infrastructure, transportation, renewable energy, power, utilities, waste & water management, oil & gas, industrials, and commercial services sectors. This price environment and record storage volumes following extraordinary performance in the first quarter of the year led to same-store growth of 43%. Except as required by law, Brookfield Infrastructure undertakes no obligation to publicly update or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise. The data segmentgenerated FFO of $238 million in 2021, an increase of 21%. What is my Adjusted Cost Basis? Brookfield Infrastructure Debt Fund II nears $2b | News | Institutional Please consult with your tax advisor on how the share split would impact your adjusted cost basis of your Brookfield Infrastructure Corporation shares. BMU identifies the source of the income as Bermuda. No, Brookfield Infrastructure Partners has not and is not expected to generate effectively connected income (ECI) or commercial activity income (on a global basis). This step-change increase reflects the acquisition of IPL, which was completed in the fourth quarter. www.computershare.com/investor, Brookfield Infrastructure Unitholders are obligated to accurately compute the tax cost of their Brookfield Infrastructure Partners L.P. units. Withholding tax information for quarterly distributions will be posted approximately two weeks prior to each distribution payment date on the tax section of our website. The fund targets the renewable energy sector. Mis jour le 15 mai 2020 09:56. par Mairie de Signes. Learn more about the launch of our publicly listed pure-play Alternative Asset Manager. We generated a record $12.4 billion of total net incomecompared with $707 million in 2020. Inter Pipeline is a major petroleum transportation and natural gas liquids processing business based in Alberta, Canada. Brookfield Infrastructure Partners L.P. will not be issuing any Australian tax forms. BIPs letter to unitholders and supplemental information are available at www.brookfield.com/infrastructure. Offering innovative, institutional-caliber investment expertise and solutions for the individual investor. The fund is located in New York, New York. Although Brookfield Infrastructure believes that these forward-looking statements and information are based upon reasonable assumptions and expectations, the reader should not place undue reliance on them, or any other forward-looking statements or information in this news release. BMO Nesbitt Burns Inc., (ii) represents the business judgment of the Manager . If you believe you have received a Schedule K-1 in error, wish to correct the K-1 you have been issued, or have any other questions related to your K-1, please contact Tax Package Support at(866) 949-2771. Is Brookfield Infrastructure Partners a Limited Partnership, Corporation or Trust? The firm last filed a Form D notice of exempt offering of securities on 2013-10-07. For Canadian residents, in general, a unitholder's tax cost of his/her Brookfield Infrastructure Partners units should equal the sum of (i) the amount paid to acquire the units and (ii) the net of all income and expenses reported on Form T5013, minus the cash distributions received. How can I obtain a tax credit for foreign taxes withheld? Brookfield Infrastructure Fund II - PitchBook Data For all Brookfield Infrastructure Partners L.P. investor enquiries please call our Unitholder Enquiries Line: bip.enquiries@brookfield.com Consolidated Statements of Operating Results, Brookfield Infrastructure Partners L.P. Box 43078 BROOKFIELD INFRASTRUCTURE FUND II-A, L.P. Top 13F Holdings Shareholder correspondence should be mailed to: Current year results also benefited from a gain associated with the sale of our smart meter portfolio in the U.K. They include US$27m loan issued to Polaris Infrastructure, a Toronto-based operator and developer of renewable energy projects in Latin America, and a debt facility for Vivint Solar, a provider of residential solar power in the US. 1.1446(f)-4(b)(3)(ii)(A)(2). Brookfield Infrastructure Partners is not considered a PFIC or CFC for U.S. tax purposes. Brookfield Asset Management is a global alternative asset manager with over USD $625 billion in assets under management (as of June 30, 2021). Brookfield has collected more than $1.8 billion for its second infrastructure debt fund, a recent SEC filing shows. Can I E-File my tax return? Current year results reflect strong operating performance and organic growth across our portfolio, in addition to the initial contribution from growth capital deployed during the year. Funds From Operations (or FFO) of $1.7 billion for the year reflects a 19% increase compared to 2020. What Tax Form will I receive as an Australian Unitholder? Systems involved in the movement of freight, commodities and passengers. Fourth Quarter 2021 Results. The fund is located in Toronto, Canada and will invest in North and South America, Europe and Australasia. Given the economic equivalence, we expect that the market price of the Shares will be significantly impacted by the market price of BIPs units and the combined business performance of our company and BIP as a whole. References to the Partnership are to Brookfield Infrastructure Partners L.P. Brookfield Infrastructure Partners L.P. 83870 Signes. Global: 1-416-363-9491. Sign up here. Homepage | Brookfield Infrastructure Partners 1.1446(f)-4(b)(3)(ii)(A)(2). At present, these holdings companies are in Canada, US, or Bermuda, and we do not expect this to change for the foreseeable future. Consequently, holders of Brookfield Infrastructure Partners units are advised to consult their own tax advisors with respect to their particular circumstances. PitchBook helps you see a funds investments based on target industry, year and deal typeso you can quickly understand its strategy at a glance. The filing was for a pooled investment fund: private equity fund The notice included securities offered of Equity,Pooled Investment Fund Interests Offering innovative, institutional-caliber investment expertise and solutions for the individual investor. BROOKFIELD, NEWS, Nov. 08, 2021 (GLOBE NEWSWIRE) -- Brookfield Asset Management (NYSE: BAM, TSX: BAM.A) today announced the closing of its growth fund, Brookfield Technology Partners II ("BTP II" or the "Fund"), with total equity commitments exceeding $500 million.. Brookfield Growth provides strategic capital to high-growth companies that operate at the intersection of technology and . Receipt of a Schedule K-1 does not trigger a U.S. tax return filing obligation or indicate that one is required. 1.1446(f)-4(b)(3)(iii) as applicable. Duration of Offering Does the Issuer intend this offering to last more than one year? Box 171 on the T5013 tax slip should show the foreign taxes withheld. FFO excludes the earnings associated with the sale of various assets, which generated approximately $2 billion of net proceeds for Brookfield Infrastructure in 2021. Is the UK government underestimating public outrage on sewage spills? Brookfield Infrastructure Partners has not been and does not expect to be engaged in a U.S. trade or business within the meaning of Treas. Get limited access to our industry news, analysis and data, plus regular email updates. The Board has reviewed and approved this news release, including the summarized unaudited financial information contained herein. Get the latest Brookfield Infrastructure Partners L.P. (BIP.UN) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and . BIPC reported a net loss attributable to the partnership of $368 million compared to $552 million in the prior year. The source of funds for the distributions will also affect how much if any of the distributions are subject to withholding tax. Brookfield Infrastructure Partners is a flow through entity for Canadian income tax purposes, and its income comes from holding companies the partnership owns. We use cookies and other tracking technologies to personalize your user experience on our site and perform site analytics. Owning a unit of BIP LP does not provide you with a U.S. tax filing obligation. PURPOSE OF THE CORPORATION . Investors that own more than 5% of Brookfield Infrastructure Partners publicly traded units may be subject to FIRPTA taxation on a disposition of their units. February 2023 . Brookfield Infrastructures Letter to Unitholders and Supplemental Information are available at www.brookfield.com/infrastructure. Results were supported by strong growth from our base business, the full recovery from shutdown-related effects experienced in 2020, and the significant contribution from over $3 billion deployed in growth initiatives. Brookfield Infrastructure Partners has not been and does not expect to be engaged in a U.S. trade or business within the meaning of Treas. Brookfield Infrastructure is a leading global infrastructure company that owns and operates high-quality, long-life assets in the utilities, transport, midstream and data sectors across North and South America, Asia Pacific and Europe. Brookfield Infrastructure Partners does not have sufficient information to track the tax cost of units for each individual holder. Sec Form D/A Learn more about the launch of our publicly listed pure-play Alternative Asset Manager. Brookfield Infrastructure Partners L.P. is one of the largest owners and operators of critical global infrastructure networks which facilitate the movement and storage of energy, water, freight, passengers and data. Infrastructure | Brookfield Infrastructure Overview Quick Links We are one of the world's largest infrastructure investors. In general, the distributions you receive should equal the sum of (i) the net of all income and expenses and (ii) return of capital, reported on Form T5013. 2023 PitchBook. A filing with the Securities Exchange Commission shows thatBrookfield Infrastructure Debt Fund II has closed. Brookfield Infrastructure Partners L.P. is characterized as a corporate limited partnership for Australian income tax purposes. Although Brookfield Infrastructure believes that these forward-looking statements and information are based upon reasonable assumptions and expectations, the reader should not place undue reliance on them, or any other forward-looking statements or information in this news release. Conference Call and Quarterly Earnings Details. 5 Place du March A. Rousset. These amounts will vary from year-to-year and are calculated in accordance with U.S. tax rules. Statements of Funds from Operations per Unit. For all Brookfield Infrastructure Partners L.P. investor enquiries please call our Unitholder Enquiries Line: bip.enquiries@brookfield.com. We do not expect non-U.S. investors to be subject to U.S. tax withholding under IRC Section 1446(f) on the disposition of their units. Is Brookfield Infrastructure Partners eligible for Tax-Deferred Plans? Please note that Brookfield Infrastructure Partners previous audited annual and unaudited quarterly reports have been filed on SEDAR and Edgar, and can also be found in the shareholders section of its website at www.brookfield.com/infrastructure. Why dont I receive the full distribution amount? The words will, target, future, growth, expect, believe, may, derivatives thereof and other expressions which are predictions of or indicate future events, trends or prospects and which do not relate to historical matters, identify the above mentioned and other forward-looking statements. Cliquez pour afficher le (s) numro (s) 06 68 96 30 . Reg. Investors can access its portfolio either through Brookfield Infrastructure Partners L.P. (NYSE: BIP; TSX: BIP.UN), a Bermuda-based limited partnership, or Brookfield Infrastructure Corporation (NYSE, TSX: BIPC), a Canadian corporation. Computershare Is the distribution I am paid from Brookfield Infrastructure Partners subject to Withholding Tax? The fund prefers to make impact investments in infrastructure. Generally, our unitholders own their units in nominee form through brokers (also known as beneficial holders). Sec Form D/A In 2019, we acquired Genesee & Wyoming (G&W), a leading short haul operator with a network of over 22,000 km of track across the U.K. and North America. The Canadian firm has already made four seed investments from BID II, which it raised in a little over a year. Copies of the Partnerships continuous disclosure filings are available electronically on EDGAR on the SECs website at www.sec.gov or on SEDAR at www.sedar.com. Non-controlling interest attributable to: Redeemable partnership units held by Brookfield, Interest of others in operating subsidiaries, Share of (losses) earnings from associates and joint ventures, Non-controlling interest of others in operating subsidiaries. When will I (non-registered unitholder) receive my Tax Form (T5013)? Consolidated Statements of Cash Flows, Brookfield Infrastructure Corporation Brookfield Infrastructure Partners U.S. tax identification number (Employer Identification Number) is 98-0330282. RegisteredCanadian unitholders will receive a T5013 directly from Brookfield Infrastructure Partners. The future performance and prospects of Brookfield Infrastructure are subject to a number of known and unknown risks and uncertainties. Can I E-File my tax return? North America:1-866-989-0311 These positive factors were partially offset by an increase infuture U.K. tax rates, which led to the recognition of a non-recurring deferred tax expense during the year. What is Brookfields NAICS? Priodes d'ouverture. What is the tax nature of the income earned by Brookfield Infrastructure Partners? Reg. Are units considered foreign property for the purposes of the Canada Revenue Agency T-1135 Form Foreign Income Verification Statement? enquiries@brookfield.com North America: 1-866-989-0311 Global: 1-416-363-9491 Transfer Agent For enquiries regarding unit transfers, changes of address, distribution cheques and lost unit certificates, please contact: Computershare If you are aregisteredCanadian resident holder and did not receive your Form T5013 for the previous taxation year please contact (866) 949-2771 or at BIF II in $7bn final close - Infrastructure Investor Brookfield closes infrastructure debt fund with $2.7bn of commitments Consolidated Statements of Cash Flows, Brookfield Infrastructure Partners L.P. The amount of interest, dividends and returns of capital that is earned and then allocated to unitholders will vary depending upon the particular business unit(s) from which funds are sourced. Brookfield Infrastructure Partners is a Bermuda based limited partnership. Brookfield closes second debt fund on $2.7bn, Best Practice in Infrastructure Asset Management, Managing Risk in Infrastructure Investments, Infrastructure Investor Global Summit 2023. Please consult with your tax advisor on how the share split would impact your adjusted cost base of your Brookfield Infrastructure Corporation shares. FFO growth on a same-store basis was 11%. Is Brookfield Infrastructure Partners considered Passive Foreign Investment Company (PFIC) or Controlled Foreign Corporation (CFC)? PitchBook helps you see a funds investments based on target industry, year and deal typeso you can quickly understand its strategy at a glance. In 2012, we acquired another company in the U.K. and merged the two operations. Brookfield Asset Management is seeking to raise $25 billion for its fifth flagship infrastructure fund, its largest on record. Sign up to receive emails from IREI. 1.1446(f)-4(b)(3)(iii) as applicable. Non-U.S. investors that own 5% or less of Brookfield Infrastructure Partners publicly traded units should not be subject to FIRPTA taxation on a disposition of their units. This site uses cookies. P.O. X Yes No 9. Sec. 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Brookfield Infrastructure Partners L.P. is expected to qualify as an "investment" partnership" so that the special distribution of class A shares of Brookfield Infrastructure Corporation to a U.S. unitholder who is an "eligible partner" qualifies as a non-taxable distribution of property. Only logged in subscribers of this site will be able to access the shared article. We own and operate assets across the transport, data, utilities and midstream sectors with a focus on cash flow stability and resilience. If you are a beneficial Canadian resident unitholder and did not receive your Form T5013, please contact the brokerage firm with whom your units are held. Note that as Brookfield Infrastructure Partners has not and is not expected to generate effectively connected income (ECI), we do not expect non-U.S. investors to be subject to U.S. tax withholding under IRC Section 1446(b) and 1446(f). In the event you believe your K-1 is incorrect please contact Tax Package Support at (866) 949 2771 orwww.taxpackagesupport.com/brookfieldand an amended Form K1 will be issued. Does Brookfield Infrastructure Partners generate any Unrelated Business Taxable Income (UBTI)? Learn more about the launch of our publicly listed pure-play Alternative Asset Manager.
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