I am a Canadian resident. No, Brookfield Infrastructure Partners has not and is not expected to generate effectively connected income (ECI) or commercial activity income (on a global basis). Consequently, the brokers are responsible for withholding taxes as only they possess the requisite information about the unitholder that is necessary to calculate the appropriate amount to withhold as is typical for publicly traded securities. 1.1446(f)-4(b)(3)(ii)(A)(2). No. Brookfield Infrastructure Partners uses the CDS Innovations facility to provide information to Canadian brokers on or before the end of February following the end of each taxation year so that they can produce T5013 Forms. Alternatively, use the link to Tax Package Support at the right side of this page. million electricity and natural gas connections, Here's What Can Provide Fillip to India's Infrastructure Privatisation Effort, Intel Signs $30 Billion Funding Partnership With Brookfield to Finance Chip-Factory Expansion, Brookfield Takes Impact Investing to the Infrastructure Mainstream, Critical First- and Last-Mile Rail Connections, A Leader in Data Center Infrastructure in Latin America, Connecting U.K. Homes to the Utility Grid, Owning and Operating Energy Infrastructure in Western Canada, An Integrated Logistics Provider in Brazil, A Leading Independent Communications Infrastructure Business, A Natural Gas Pipeline Accounting for More Than Half of Brazils Natural Gas Demand, Operating Large-Scale Container Terminals Out of Four Key Ports, Evolving to offer the best of both worlds. After adjusting for revaluation and dividends paid on our Shares that are classified as liabilities under IFRS, this represents an increase in net income of approximately $170 million compared to the prior year. Not the case? Reg. The allocation of Canadian taxable income is communicated using Form T5013 (not a Form T5). 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. Brookfield Infrastructure Partners is a publicly traded partnership that does not earn active business income. The fund prefers to make impact investments in infrastructure. Assets that handle the movement and storage of commodities from a source of supply to a demand (). In addition to carefully considering the disclosure made in this news release in its entirety, shareholders are strongly encouraged to carefully review BIPs letter to unitholders, supplemental information and its other continuous disclosure filings. Shareholder correspondence should be mailed to: Brookfield Asset Management is a premier global alternative asset manager with $725 billion of assets under management across renewable power & transition, infrastructure, private equity, real estate, and credit & insurance solutions. The source of funds for the distributions will also affect how much if any of the distributions are subject to withholding tax. 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 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). North America: 1-866-989-0311 BrookfieldGlobal Asset Management - Invested in long-term value Win whats next. Industry Group 5. Ascenty serves the worlds largest IT and cloud service providers with world-class infrastructure and a high-capacity fiber-optic network. My tax software requires that I insert a six-digit Tax Shelter (TS) number. There may be minor differences due to exchange rates. BIF IV closes at $20bn becoming Brookfield's largest fund ever Sec. 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). Regulatory Filings | Brookfield Infrastructure Partners 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. 2021 Annual Report | Brookfield PDF BMO Brookfield Global RenewablesInfrastructure Fund (the "Fund") If you have elected to receive distribution in CAD, there will be a record date and a payment date. I am a beneficial unitholder and havent received my T5013. Why did I receive a Schedule K-1? Consolidated Statements of Cash Flows, Brookfield Infrastructure Corporation Conference Call and Quarterly Earnings Details. The fund is located in Toronto, Canada and will invest in North and South America, Europe and Australasia. This first season will explore our decades-long commitment to renewable energy, and how we're investing through the world's largest private fund dedicated to facilitating a net-zero economy. The future performance and prospects of Brookfield Infrastructure are subject to a number of known and unknown risks and uncertainties. What is the tax nature of the income earned by Brookfield Infrastructure Partners? In the U.S., units of Brookfield Infrastructure Partners qualify for IRA and 401(k) accounts. I am a European resident. The firm last filed a Form D notice of exempt offering of securities on 2013-10-07. Brookfield Closes $7 Billion Global Infrastructure Fund - Yahoo Finance We own and operate assets across the transport, data, utilities and midstream sectors with a focus on cash flow stability and resilience. Infrastructure | Brookfield Infrastructure Overview Quick Links We are one of the world's largest infrastructure investors. 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. We are not always able to acquire information for all unitholders and accordingly some unitholders may not receive a Schedule K-1 for a particular year despite our best efforts to do so. Brookfield on track to raise $3bn for latest infra debt strategy Can I E-File my tax return? Sign in or Register Sign In / Register Database LP search GP search Fund search Investment Consultant search Placement Agent search Law Firm search FFO benefited from inflationary-indexation and additions to rate base, as well as the acquisition of an additional interest in our Brazilian regulated gas transmission business completed during the year. Depending upon the particular taxation year, the T5013 will report various sources of income and expenses in a number of boxes on the form. Our highly contracted data transmission and storage businesses have also benefited from inflation indexation and higher rates across the portfolio. Does Brookfield Infrastructure Partners generate any Unrelated Business Taxable Income (UBTI)? What Tax Form will I receive as a U.S. Unitholder? This summary is of a general nature only and is not intended to be, nor should it be construed to be, legal or tax advice to any particular holder of Brookfield Infrastructure Partners units, and no representation with respect to the U.S., Canadian, Australian and European income tax consequences to any particular holder is made. Comparative period financial results included a full year of earnings from our U.K. smart meter portfolio and North American district energy platform, both of which we sold inthe first half of 2021. Youll receive updates on upcoming events, special PitchBook can help you gauge a funds performance based on IRR, cash flow multiples (DPI, RVPI and TVPI), distributions and more. Federal Exemption (s) and Exclusion (s) Claimed (select all that apply) 7. What is Brookfield Infrastructure Partners Quebec Tax ID Number? Brookfield closes second global infrastructure debt fund Connatre le jour et les horaires o vos poubelles sont collectes dans votre commune. Brookfield Infrastructure Partners is a "flow through" entity for US income tax purposes, and its income comes from holding companies the partnership owns. 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. Previously issued notices can be found in the Qualified Notices section below. G&W owns or leases116 freight railroads worldwide organized in locally managed operating regions with 7,300 employees serving over 3,000 customers. Officer of Brookfield Infrastructure Fund III GP LLC, the General Partner 4. BOARD OF DIRECTORS CHARTER . 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. The capital was raised in less than 14 months and the fund has already committed capital to four seed assets. Sec. Clos de Danjean. Forward-looking statements in this news release include statements regarding the impact of the market price of BIPs units and the combined business performance of our company and BIP as a whole on the market price of the Shares. Factors that could cause actual results of Brookfield Infrastructure to differ materially from those contemplated or implied by the statements in this news release include general economic conditions in the jurisdictions in which we operate and elsewhere which may impact the markets for our products and services, the ability to achieve growth within Brookfield Infrastructures businesses and in particular completion on time and on budget of various large capital projects, which themselves depend on access to capital and continuing favorable commodity prices, and our ability to achieve the milestones necessary to deliver the targeted returns to our unitholders, the impact of market conditions on our businesses, the fact that success of Brookfield Infrastructure is dependent on market demand for an infrastructure company, which is unknown, the availability of equity and debt financing for Brookfield Infrastructure, the impact of health pandemics such as COVID-19 on our business and operations (including the availability, distribution and acceptance of effective vaccines), the ability to effectively complete transactions in the competitive infrastructure space (including the ability to complete announced and potential transactions that may be subject to conditions precedent, and the inability to reach final agreement with counterparties to transactions being currently pursued, given that there can be no assurance that any such transaction will be agreed to or completed) and to integrate acquisitions into existing operations, the future performance of these acquisitions, changes in technology which have the potential to disrupt the business and industries in which we invest, the market conditions of key commodities, the price, supply or demand for which can have a significant impact upon the financial and operating performance of our business and other risks and factors described in the documents filed by BIPC with the securities regulators in Canada and the United States including Risk Factors in BIPCs most recent Annual Report on Form 20-F and other risks and factors that are described therein. Brookfield Infrastructure Partners has issued qualified notices in accordance with Treas. www.taxpackagesupport.com/brookfield. Brookfield Infrastructure Partners is a Bermuda based limited partnership that is treated as a partnership for U.S. tax purposes. What is my Adjusted Cost Base? BROOKFIELD INFRASTRUCTURE CORPORATION .
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