North America:1-866-989-0311 Priodes d'ouverture. BIPs letter to unitholders and supplemental information are available at www.brookfield.com/infrastructure. What is Brookfield Infrastructure Partners TS number? The funds predecessor, Brookfield Infrastructure Debt Fund, raised $885 million and closed, Glossary, videos, podcasts, research in the Resource Center. Brookfield Infrastructures results include limited partnership units held by public unitholders, redeemable partnership units, general partnership units, Exchange LP units, BIPC exchangeable LP units and BIPC exchangeable shares. The conference call can be accessed via webcast on February 2, 2022 at 9:00 a.m. Eastern Time at https://edge.media-server.com/mmc/p/ro7wn5n6 or via teleconference at 1-866-688-9459 toll free in North America. Infrastructure Investor 100 Global Investor 50 2022 LP Perspectives 2023 Fundraising Direct Investment Regulation Debt Transport ESG Europe Asia-Pacific News & Analysis Fundraising Investors Deals People Rankings & Reports Rankings Infrastructure Debt 30 Infrastructure Investor 100 Global Investor 50 Global Investor 50: 2021 Instead, Brookfield Infrastructure Partners receives various types of investment income, such as interest, dividends and return of capital, from subsidiary corporations that carry on business in various jurisdictions. 1.1446(f)-4(b)(3)(iii) as applicable. Yes, the T5013 Form you receive should include all information that is required by law for you to e-file your Canadian personal tax return. Please contact your broker directly with questions on this form. Please select the NAICS code you deem most appropriate. Are units considered foreign property for the purposes of the Canada Revenue Agency T-1135 Form Foreign Income Verification Statement? Current year results also reflect elevated commodity prices across our existing businesses. I owned units of Brookfield Infrastructure Partners L.P. prior to the formation of Brookfield Infrastructure Corporation. Offering innovative, institutional-caliber investment expertise and solutions for the individual investor. The words believe, expect, will 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. For all Brookfield Infrastructure Partners L.P. investor enquiries please call our Unitholder Enquiries Line: bip. The fund is based in Toronto, Canada and it invests in Canada. These amounts will vary from year-to-year and are calculated in accordance with U.S. tax rules. What is Brookfield Infrastructure Partners Partnership ID Number? Getty Images/iStockphoto. Don't have an account? Duration of Offering Does the Issuer intend this offering to last more than one year? For all Brookfield Infrastructure Partners L.P. investor enquiries please call our Unitholder Enquiries Line: bip. While the energy supply shortage in . Welcome to IPE Real Assets. These positive impacts were partially offset by an increase in the future U.K. tax rate which resulted in higher deferred tax expense of approximately $55million compared to the prior year. While Brookfield Infrastructure Partners is a Bermuda partnership, its income comes from holding companies the partnership owns. Sec. Not the case? Description. The fund targets the renewable energy sector. Why did I receive a Schedule K-1? Is the distribution I am paid from Brookfield Infrastructure Partners subject to Withholding Tax? Please also see a letter from counsel on this issue, as well as more detailed discussion on this new rule and its applicability to BIP units.. Letter from Counsel re 1446(f) Withholding Exception. The fund will target investments in primary areas of infrastructure which include transportation, renewable power, utilities and energy, and also . 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. For more information, go to www.brookfield.com. We invest in infrastructure assets that deliver essential goods and servicesfrom the movement of passengers and freight over toll roads and rail networks to the distribution of products through ports and pipelines, and much more. What is the tax cost of my units? Brookfield Infrastructure Partners is not considered a PFIC or CFC for U.S. tax purposes. As a result of the special distribution from Brookfield Infrastructure Partners L.P. in 2020, I received class A shares of Brookfield Infrastructure Corporation. Reg. Last years results included our U.K. smart meter portfolio which was divested earlier this year. Am I subject to Foreign Investment Real Property Tax Act (FIRPTA)? Is this special distribution taxable for U.S. federal income tax purposes? Previously issued notices can be found in the Qualified Notices section below. Prior year results reflected an additional 12.5% ownership in our U.S. gas pipeline, which was sold in March. Generally, our unitholders own their units in "nominee form" through brokerages and we rely on information acquired from brokers and/or clearing houses to prepare the Schedule K-1. Who applies the withholding tax? These towers are strategically located for pan-India 4G coverage. Connatre le jour et les horaires o vos poubelles sont collectes dans votre commune. 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. The source said it had exceeded its US$1.75bn fundraising target and was more than three times larger than its debt fund, which closed with US$885m at the end of 2017. We expect to provide Schedule K-1 tax information via our online portal by mid-February and to have those forms mailed to our U.S. unitholders by the end of March. La population mtropolitaine est quipe pour effectuer le tri du verre, du papier et des emballages. 150 Royall St., Suite 101 To date, 28 investors have committed capital to the fund. Brookfield Infrastructure Partners is required to use reasonable efforts to send a Schedule K-1 to all unitholders, including those who may not require it. Brookfield Infrastructure Fund III is a 2016 vintage infrastructure value added fund managed by Brookfield Asset Management. Brookfield Infrastructure Partners is not a tax shelter and therefore does not have an applicable TS number. 5 Place du March A. Rousset. Get limited access to our industry news, analysis and data, plus regular email updates. This information is available in the PitchBook Platform. Brookfield Infrastructure Partners L.P. is characterized as a corporate limited partnership for Australian income tax purposes. 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. If you have elected to receive distribution in CAD, there will be a record date and a payment date. Please check your spam or junk folder just in case. Previously issued notices can be found in the Qualified Notices section below. The Shares of BIPC are structured with the intention of being economically equivalent to the non-voting limited partnership units of Brookfield Infrastructure Partnership L.P. (BIP or the Partnership) (NYSE: BIP; TSX: BIP.UN). Why havent I received a K-1? For Canadian residents, the tax cost of units is determined in Canadian dollars so all three components should be determined in Canadian dollars. Why did I receive a Schedule K-1? In conjunction with the Partnerships distribution declaration, the Board of Directors of BIPC has declared an equivalent quarterly dividend of $0.54 per share, also payable on March31, 2022 to shareholders of record as at the close of business on February28, 2022. FFO growth on a same-store basis was 11%. Is Brookfield Infrastructure Partners a Specified Foreign Property? For Australian income tax purposes, Brookfield Infrastructure Partners L.P. is treated as a corporation (i.e, not a "flow-through") and consequently distributions are expected to be unfranked dividends to Australian tax resident unitholders. Why dont I receive the full distribution amount? This is a profile preview from the PitchBook Platform. 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. Read our policy. Unitholders are obligated to accurately compute the tax cost of their Brookfield Infrastructure Partners L.P. units. 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 publicly traded partnership that does not earn active business income. Our business generated FFO of $436million for the year, representing a 9% increase compared to the prior year. Log in. Brookfield Asset Management closed its second global infrastructure debt fund, the $2.7 billion Brookfield Infrastructure Debt II, a spokeswoman confirmed in an email. Tel:416-956-5129 We are one of the worlds largest infrastructure investors. What Tax Form will I receive as a Canadian Unitholder? My tax software requires that I insert a North American Industry Classification System (NAICS) code. BROOKFIELD INFRASTRUCTURE CORPORATION . Generally, T5013 forms are prepared and distributed by brokers based on information we provide on or before the end of February following the end of each taxation year to CDS Innovations which is typical for publicly traded securities. There may be minor differences due to exchange rates. What does box 135 signify? Brookfield Infrastructure Debt Fund II is an infrastructure debt fund managed by Brookfield Capital Partners. The rate of withholding varies, amongst other factors, depending on the type of ownership account, and whether holders have provided their broker (or Brookfield Infrastructure Partners L.P.s transfer agent in the case of registered unitholders) with the appropriate Canada Revenue Agency ("CRA") form (Form NR301, NR302, and NR303). Computershare At present, these holdings companies are in Canada, US, or Bermuda, and we do not expect this to change for the foreseeable future. How can I obtain a tax credit for foreign taxes withheld? This growth reflects inflation indexation, the commissioning of approximately $430 million of capital into rate base during the year, and higher connections activity at our U.K. regulated distribution business. Learn more about the launch of our publicly listed pure-play Alternative Asset Manager. My tax software requires that I insert a six-digit Tax Shelter (TS) number. Clos de Danjean. The net taxable income allocated is the sum of the various income and expenses. Toute l'anne 2023. Generally, our unitholders own their units in nominee form through brokers (also known as beneficial holders). Box 135 shows the country code for source of foreign income. Inter Pipeline owns and operates energy infrastructure assets in Western Canada including the Heartland Petrochemical Complex. We rely on information provided by brokers and/or clearing houses to prepare Schedule K-1. Sec. Is Brookfield Infrastructure Partners eligible for Tax-Deferred Plans? What is my Adjusted Cost Basis? All rights reserved. Inter Pipeline is a strategic long-haul pipeline network with interests in petrochemical facilities and bulk storage assets. Why does the $CAD cash I received not equal the amount reflected on my T5013? Brookfield Infrastructure Partners U.S. operations are carried out through U.S. resident corporate subsidiaries. Sec. Learn more about the launch of our publicly listed pure-play Alternative Asset Manager. Owning a unit of BIP LP does not provide you with a U.S. tax filing obligation. The Schedule K-1 is the U.S. equivalent of a Form T5013. What Tax Form will I receive as a U.S. Unitholder? BMO Nesbitt Burns Inc., (ii) represents the business judgment of the Manager . Please consult with your tax advisor on how the share split would impact your adjusted cost base of your Brookfield Infrastructure Corporation shares. Dividends from Canada and US are "qualified dividends" and therefore eligible for a preferential U.S. income tax rate (for individuals)1. The T5013 form does not require us to report a NAICS code but it would seem some personal software tax programs ask for them. Is the distribution I am paid from Brookfield Infrastructure Partners subject to Withholding Tax? Businesses that provide essential services and critical infrastructure to transmit and store data globally. Payments from holding companies in the US to a Canadian resident such as dividends may be subject to withholding taxes. I am a Canadian resident. What is Brookfield Infrastructure Partners Quebec Tax ID Number? The fund is located in Toronto, Canada and will invest in North and South America, Europe and Australasia. Does Brookfield Infrastructure Partners generate UBTI? Issuer Size 6. 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: . 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). The future performance and prospects of Brookfield Infrastructure are subject to a number of known and unknown risks and uncertainties. Our portfolio, grounded in 120 years of investment experience, provides diversified exposure to scarce, high-quality businesses with significant barriers to entry. 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. 462 South 4th Street, Suite 1600 The fund prefers to make impact investments in infrastructure. What is the tax nature of the income earned by Brookfield Infrastructure Partners?

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