The rate of withholding varies, amongst other factors, depending on a holders country of tax residence, type of ownership account, and whether holders have provided their broker (or Brookfield Infrastructure Partners transfer agent in the case of registered unitholders) with the appropriate Internal Revenue Service (IRS) Form (Form W-8BEN, W-8BEN-E, W-8-ECI, W-8EXP, W-8IMY or W-9) and Canada Revenue Agency (CRA) Form (Form NR301, NR302, and NR303). 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. Toute l'anne 2023. Consequently, holders of Brookfield Infrastructure Partners units are advised to consult their own tax advisors with respect to their particular circumstances. Last week, rival firm Global Infrastructure Partners announced it had raised U$2.8bn for two infrastructure debt funds. Click here. Genesee & Wyoming is a leading short haul operator with a network of over 22,000 km of track across the U.K. and North America. The fund prefers to make impact investments in infrastructure. 2021 results also reflect the acquisition of an additional interest in our Brazilian regulated gas transmission operation completed in April. Federal Exemption (s) and Exclusion (s) Claimed (select all that apply) 7. Learn more about the launch of our publicly listed pure-play Alternative Asset Manager. The net income and Funds from Operations1 (FFO) of BIPC are captured in the Partnerships financial statements and results. The source of funds for the distributions will also affect how much, if any, of the distributions are subject to withholding tax. Brookfield to Target $25 Billion for Biggest Infrastructure Fund Payments from holding companies in US and Bermuda to a US resident are generally not subject to withholding tax. Computershare The source of funds for the distributions will also affect how much if any of the distributions are subject to withholding tax. Does Brookfield Infrastructure Partners generate UBTI? 1.1446(f)-4(b)(3)(iii) as applicable. Reconciliation of Net Income to Funds from Operations, Brookfield Infrastructure Partners L.P. 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. Find potential buyers without revealing your identity. Is the UK government underestimating public outrage on sewage spills? These amounts will vary from year-to-year and are calculated in accordance with U.S. tax rules. Connatre le jour et les horaires o vos poubelles sont collectes dans votre commune. The Board of Directors of Brookfield Infrastructure Corporation (BIPC or our company) (NYSE, TSX: BIPC) today has declared a quarterly dividend in the amount of $0.54 per class A exchangeable subordinate voting share of BIPC (a Share), payable on March31, 2022 to shareholders of record as at the close of business on February28, 2022. USA identifies the source of the income as United States. We are one of the worlds largest infrastructure investors. The initial basis tax basis in the class A shares received in the special distribution by a U.S. unitholder that qualifies as an eligible partner will equal the lesser of (i) Brookfield Infrastructure Partners L.P.'s adjusted tax basis in such class A shares immediately before the distribution of $35.748 per share and (ii) such U.S. unitholder's adjusted tax basis in its interest in Brookfield Infrastructure Partners L.P. reduced by the amount of any cash received in lieu of fractional class A shares pursuant to the special distribution. Brookfield Perspectives is a podcast exploring how we invest in the backbone of the global economy. What is Brookfield Infrastructure Partners Partnership ID Number? While Brookfield Infrastructure Partners is a Bermuda partnership, its income comes from holding companies the partnership owns. 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. Manulife Global Listed Infrastructure Fund - Canada Owning a unit of BIP LP does not provide you with a U.S. tax filing obligation. Brookfield Infrastructure Fund III Profile: Returns & Limited Partners 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). 1.1446(f)-4(b)(3)(iii) as applicable. Sec. 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. Brookfield Infrastructure Partners is a flow through entity for Canadian income tax purposes, and its income comes from holding companies the partnership owns. Sign up here. 1.1446(f)-4(b)(3)(ii)(A)(2). 1. Shareholder correspondence should be mailed to: No. 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. 2021 Annual Report | Brookfield 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 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. After the end of Brookfield Infrastructure Partners' taxation year (December 31), the Canadian taxable income of Brookfield Infrastructure Partners is determined and allocated to all unitholders that are in turn required to report such income on their respective tax returns. Hard copies of the annual and quarterly reports can be obtained free of charge upon request. A . I am a European resident. Brookfield Infrastructure Partners L.P. will not be issuing any Australian tax forms. 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 over a 100-year history of owning and operating assets with a focus on property, renewable power, infrastructure and private equity. BROOKFIELD INFRASTRUCTURE CORPORATION . While Brookfield Infrastructure Partners is a Bermuda partnership, its income comes from holding companies the partnership owns. 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. Brookfield Infrastructure Debt Fund II - PitchBook Data Consolidated Statements of Cash Flows, Brookfield Infrastructure Corporation La population mtropolitaine est quipe pour effectuer le tri du verre, du papier et des emballages. Inter Pipeline owns and operates energy infrastructure assets in Western Canada including the Heartland Petrochemical Complex. Les meilleurs htels 5 toiles Cte d'Azur, France - Tripadvisor P.O. A filing with the Securities Exchange Commission shows thatBrookfield Infrastructure Debt Fund II has closed. 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. Youll receive updates on upcoming events, special For enquiries regarding unit transfers, changes of address, distribution cheques and lost unit certificates, please contact: Computershare To date, 28 investors have committed capital to the fund. Previously issued notices can be found in the Qualified Notices section below. Can you send a replacement form? 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. Priodes d'ouverture. Sec. Sec. Brookfield Infrastructure Partners has issued qualified notices in accordance with Treas. 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. The data segmentgenerated FFO of $238 million in 2021, an increase of 21%. The private equity giant will this week launch the Brookfield Global Transition Fund II, a larger iteration of its previous fund focused on decarbonization and clean energy, Natalie Adomait . My tax software requires that I insert a six-digit Tax Shelter (TS) number. Please contact your broker directly with questions on this form. 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. For overseas calls please dial +1-409-216-0834, at approximately 8:50 a.m. Eastern Time. BROOKFIELD, NEWS, Feb. 02, 2022 (GLOBE NEWSWIRE) -- Brookfield Infrastructure (NYSE: BIP; TSX: BIP.UN) today announced its results for the fourth quarter ended December 31, 2021. The fund is located in Toronto, Canada and will invest in North and South America, Europe and Australasia. 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. 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. Register now to read this article and more for free. Fourth Quarter 2021 Results. 83870 Signes. For all Brookfield Infrastructure Partners L.P. investor enquiries please call our Unitholder Enquiries Line: bip. 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. 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. Brookfield Infrastructure Partners does not have a Quebec number because it is non-resident of Quebec. Brookfield Infrastructure Partners is not a corporation or a trust. What does box 135 signify? Brookfield Infrastructure Partners is not a corporation or a trust. Railpens Cambridge portfolio already includes Cambridge Retail Parkand The BeehiveCentre, Separate account relationship withGCM Grosvenor expected tonon-core real estate, Singapores GICexpands exposure to logistics assets with4m sqft portfolio purchase, Copyright 19972023 IPE International Publishers Limited, Registered in England, Reg No. We are required to use reasonable efforts to send a Schedule K-1 to all unitholders. To read this full article you need to be subscribed to Newsline. 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. North America: 1-866-989-0311 Is Brookfield Infrastructure Partners a Specified Foreign Property? As a result of the special distribution from Brookfield Infrastructure Partners L.P. in 2020, I received class A shares of Brookfield Infrastructure Corporation. Previously issued notices can be found in the Qualified Notices section below. Basic and diluted earnings per unit attributable to: Earnings from investments in associates and joint ventures, net of distributions received, Mark-to-market on hedging items, provisions and other, Net settlements of foreign exchange contracts, Distributions to limited and general partners, Net capital provided (to) by non-controlling interest and other, Share of losses (earnings) from investments in associates and joint ventures, FFO contribution from investments in associates and joint ventures, FFO attributable to non-controlling interests, Loans payable to Brookfield Infrastructure, Equity in net assets attributable to the Partnership, Remeasurement of exchangeable and class B shares, Mark-to-market and other (expense) income, Mark-to-market on hedging items and other, Disposal of subsidiaries, net of cash disposed, Purchase of long-lived assets, net of disposals, Settlement of foreign exchange hedging items, Capital provided to non-controlling interest, Proceeds from borrowings, net of repayments, Mark-to-market on hedging items and foreign currency revaluation, Dividends classified as interest expense and interest expense on intercompany loans. Historically, our partnerships income has included Canadian and US source interest and dividends earned from subsidiaries that, when paid to an Australian unitholder, are subject to varying rates of U.S. and Canadian withholding taxes ranging from nil to 30%. My tax software requires that I insert a North American Industry Classification System (NAICS) code. Is Brookfield Infrastructure Partners a Limited Partnership, Corporation or Trust? Our transport segment is a significant beneficiary of the robust economic recovery occurring in most of our investment markets. Previously issued notices can be found in the Qualified Notices section below. Cliquez pour afficher le (s) numro (s) 06 68 96 30 . 462 South 4th Street, Suite 1600 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. 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. Brookfield has collected more than $1.8 billion for its second infrastructure debt fund, a recent SEC filing shows. Brookfield closes infrastructure debt fund with $2.7bn of commitments PitchBook can help you gauge a funds performance based on IRR, cash flow multiples (DPI, RVPI and TVPI), distributions and more. In general, this special distribution will reduce the adjusted cost base of your interest in the partnership units of Brookfield Infrastructure Partners L.P. by an amount equal to the fair market value at the time of the special distribution of the class A shares you have received. Brookfield Infrastructure Partners is a "flow through" entity for US income tax purposes, and its income comes from holding companies the partnership owns. North America:1-866-989-0311 Offering innovative, institutional-caliber investment expertise and solutions for the individual investor. Bar des chasseurs - Provence-Alpes-Cte d'Azur Tourisme 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. References to Brookfield Infrastructure are to the Partnership together with its subsidiaries and operating entities. 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. Our goal is simple: to generate growth and attractive long-term risk-adjusted returns for our investors to serve their stakeholders, all while providing the highest level of service. Not the case? Brookfield Infrastructure Corporation (the "Corporation") and its related entities have been established by Brookfield Infrastructure Partners L.P.("BIP") to issue a security (the " Class A Subordinate Voting Shares") that provides an economic return equivalent to . We generated a record $12.4 billion of total net incomecompared with $707 million in 2020. Canton, MA 02021, Toll-Free:(877) 243-3717 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 own and operate assets across the transport, data, utilities and midstream sectors with a focus on cash flow stability and resilience. Tax Information | Brookfield Infrastructure Partners This distribution represents a 6% increase compared to the prior year. This price environment and record storage volumes following extraordinary performance in the first quarter of the year led to same-store growth of 43%. The allocation of Canadian taxable income is communicated using Form T5013 (not a Form T5). Systems involved in the movement of freight, commodities and passengers. www.taxpackagesupport.com/brookfield. Brookfield began marketing the fund in January. References to the Partnership are to Brookfield Infrastructure Partners L.P. Brookfield Infrastructure Partners L.P. Is Brookfield Infrastructure Partners eligible for Tax-Deferred Plans? Brookfield Infrastructure Fund Ii-a is based out of New York. Earnings benefited from capital commissioned into rate base and the recovery of connections activity at our U.K. regulated distribution business, as well as inflationary tariff increases and an increased ownership interest at our Brazilian regulated gas transmission business. 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. We own and operate assets across the transport, data, utilities and midstream sectors with a focus on cash flow stability and resilience. For U.S. 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 taxable income allocated to the unitholder, minus the cash distributions received. Get started Learn more Already a member? 5 Place du March A. Rousset. Read our policy. By clicking on I accept, you consent to our Privacy Policy. If you are a U.S. unitholder and did not receive your Schedule K-1 for the previous taxation year please contact us at (866) 949-2771 or atwww.taxpackagesupport.com/brookfield. Alternatively, use the link to Tax Package Support at the right side of this page. 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. Getty Images/iStockphoto. Is the distribution I am paid from Brookfield Infrastructure Partners subject to Withholding Tax? www.computershare.com/investor, Brookfield Infrastructure 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. How can I obtain a tax credit for foreign taxes withheld? 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. NTSs high-quality pipeline covers more than 2,000 kilometers, crossing the densely populated states of So Paulo, Rio de Janeiro and Minas Gerais. Consolidated Statements of Financial Position, Brookfield Infrastructure Corporation The future performance and prospects of Brookfield Infrastructure are subject to a number of known and unknown risks and uncertainties. Brookfield Infrastructure Debt Fund II is an infrastructure debt fund managed by Brookfield Capital Partners. Is Brookfield Infrastructure Partners eligible for Tax-Deferred Plans? 1.1446(f)-4(b)(3)(ii)(A)(2). Brookfield Infrastructure Partners U.S. operations are carried out through U.S. resident corporate subsidiaries. The statutory filing/mailing requirement for Form T5013 is the end of March. Reg. 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. 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. Brookfield Infrastructure Reports 2021 Year-End Results 83870 Signes. For all Brookfield Infrastructure Partners L.P. investor enquiries please call our Unitholder Enquiries Line: bip. To explore Brookfield Infrastructure Debt Fund IIs full profile, request access. BOX 505000 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: . Sec. A significant portion of Brookfield Infrastructure Partners income is Bermuda source dividend which is a fully taxable "ordinary dividend. Is the distribution I am paid from Brookfield Infrastructure Partners subject to Withholding Tax? The regular quarterly dividends on the Cumulative Class A Preferred Limited Partnership Units, Series 1, Series 3, Series 7, Series 9, Series 11, Series 13 and Series 14 have also been declared, as well as the dividend for BIP Investment Corporation Senior Preferred Shares, Series 1. Results benefited from strong organic growth driven by volume increases, inflationary tariff increases and a full year contribution from our U.S. LNG export terminal. Get the full list, Morningstar Institutional Equity Research. Who applies the withholding tax? BMO Brookfield Global Renewables Infrastructure Fund second quarter of 2022. Is Brookfield Infrastructure Partners a Limited Partnership, Corporation or Trust? 2021 was a remarkable year for Brookfield Infrastructure, highlighted by our strong organic growth, capital recycling accomplishments, and the deployment of significant capital into new investments and other growth initiatives, said Sam Pollock, Chief Executive Officer of Brookfield Infrastructure. Conference Call and Quarterly Earnings Details. 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. or any rule or regulation under any of these statutes, or (ii) the laws of the State in which the issuer maintains its . The NAICS codes should have no impact on the computation of your taxes. Oaktree Real Estate Opportunities Fund IX seeks to raise $6bn. Why dont I receive the full distribution amount? VLI transports millions of tons of agricultural products and steel products that are critical to the Brazilian economy. Sec. Please consult with your tax advisor on how the share split would impact your adjusted cost basis of your Brookfield Infrastructure Corporation shares. Brookfield Infrastructure Partners L.P. (BIP) - Yahoo Finance 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. I am an Australian resident. The Baron Real Estate Income Fund received 4 . Brookfield closes second debt fund on $2.7bn | Infrastructure Investor If you are not already required to file a U.S. tax return, the Schedule K-1 is not required and it can be discarded. Regulated or contracted businesses that earn a return on asset base. 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. Brookfield Infrastructure Debt Fund II is focused on infrastructure debt, targeting mezzanine debt investments in high-quality core infrastructure assets primarily in North America, as well as in South America, Australia and Europe. 1.1446(f)-4(b)(3)(ii)(A)(2). Alternatively, Canadian unitholders can find information about the amount of taxes withheld on their monthly/annual broker statements. 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. Altitude : 350 m. Cliquez pour afficher le (s) numro (s) 04 94 90 88 . Brookfield Infrastructure Debt Fund II is focused on infrastructure debt, targeting mezzanine debt investments in high-quality core infrastructure assets primarily in North America, as well . Except as required by law, Brookfield Infrastructure Corporation 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. In 2021, we acquired Inter Pipeline, a strategic long-haul pipeline network with interests in petrochemical facilities and bulk storage assets. The Fund follows on the US$2.7 billion Brookfield Americas Infrastructure Fund LP, which closed in 2010. 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.