On Jun 13, 2022, there was a 3 for 2 share split in the shares of Brookfield Infrastructure Corporation. We own and operate assets across the transport, data, utilities and midstream sectors with a focus on cash flow stability and resilience. 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. Mark.Srulowitz@brookfield.com: Short Form Prospectus Issuer: No: Telephone Number: 212 417-2520: Reporting Jurisdictions: Non-Reporting Issuer: Fax Number: By clicking on I accept, you consent to our Privacy Policy. Letter from Counsel re 1446(f) Withholding Exception. 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. 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 Internal Revenue Service (IRS) Form (Form W-8BEN, W-8BEN-E, W-8-ECI, W-8EXP, W-8IMY or W-9). As a result of the special distribution from Brookfield Infrastructure Partners L.P. in 2020, I received class A shares of Brookfield Infrastructure Corporation. 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. Receipt of a Schedule K-1 does not trigger a U.S. tax return filing obligation or indicate that one is required. 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. We generated a record $12.4 billion of total net incomecompared with $707 million in 2020. Is this special distribution taxable for U.S. federal income tax purposes? A link has been emailed to you - check your inbox. 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. Les meilleurs htels 5 toiles Cte d'Azur, France - Tripadvisor For more information, go to www.brookfield.com. Brookfield Infrastructure Partners is not a corporation or a trust. The allocation of Canadian taxable income is communicated using Form T5013 (not a Form T5). 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. 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. Payments from holding companies in US and Bermuda to a US resident are generally not subject to withholding tax. 1.1446(f)-4(b)(3)(iii) as applicable. Brookfield Asset Management closed its second global infrastructure debt fund, the $2.7 billion Brookfield Infrastructure Debt II, a spokeswoman confirmed in an email. The filing notes that the amount raised includes separate accounts that invest alongside the fund and commitments from the sponsor that may be satisfied through or alongside the fund. While Brookfield Infrastructure Partners is a Bermuda partnership, its income comes from holding companies the partnership owns. 83870 Signes. The allocation of U.S. taxable income is communicated using Schedule K-1. BMU identifies the source of the income as Bermuda. The Schedule K-1 is the U.S. equivalent of a Form T5013. At present, these holdings companies are either in Canada, US or Bermuda, and we do not expect this to change for the foreseeable future. The future performance and prospects of Brookfield Infrastructure are subject to a number of known and unknown risks and uncertainties. Generally, our unitholders own their units in nominee form through brokers (also known as beneficial holders). 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. Log in. Brookfield Infrastructure Debt Fund II is an infrastructure debt fund managed by Brookfield Capital Partners. Regulatory Filings | Brookfield Infrastructure Partners Brookfield Infrastructure Partners is a Bermuda based limited partnership that is treated as a partnership for U.S. tax purposes. In 2009, as part of the restructuring of Babcock & Brown Infrastructure, we acquired a regulated U.K. distribution business connecting homes to the main utility grid. Can I E-File my tax return? Inter Pipeline owns and operates energy infrastructure assets in Western Canada including the Heartland Petrochemical Complex. 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. 1.1446(f)-4(b)(3)(ii)(A)(2). Results reflect the construction of 12,000 telecom tower sites across our portfolios in India and France to accommodate mobile data growth and corresponding network densification requirements. Brookfield has over a 100-year history of owning and operating assets with a focus on property, renewable power, infrastructure and private equity. 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. 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). Our transport segment is a significant beneficiary of the robust economic recovery occurring in most of our investment markets. Is Brookfield Infrastructure Partners considered Passive Foreign Investment Company (PFIC) or Controlled Foreign Corporation (CFC)? 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. 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. Brookfield Raises Record $15 Billion For Inaugural Global Transition Fund Meilleurs htels 5 toiles Cte d'Azur sur Tripadvisor : consultez 43 508 avis de voyageurs, 37 286 photos, les meilleures offres et comparez les prix pour 63 htels 5 toiles Cte d'Azur, France. 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. PDF BIPC - Board of Directors Charter Feb 2023 - bip.brookfield.com This price environment and record storage volumes following extraordinary performance in the first quarter of the year led to same-store growth of 43%. 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. This is a profile preview from the PitchBook Platform. Louisville, KY 40202, Toll-Free:(877) 243-3717 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. 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. 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. For enquiries regarding unit transfers, changes of address, distribution cheques and lost unit certificates, please contact: Computershare 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. Sec. The Forms 1099-INT and DIV prepared by your broker will include information on any foreign withholding taxes that were withheld by your broker so that you may claim them, if eligible, in your tax return as a credit and/or deduction. 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. Preferred Instruments | Brookfield Infrastructure Partners Is Brookfield Infrastructure Partners a Limited Partnership, Corporation or Trust? Mis jour le 15 mai 2020 09:56. par Mairie de Signes. BOX 505000 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. For all Brookfield Infrastructure Partners L.P. investor enquiries please call our Unitholder Enquiries Line: bip.enquiries@brookfield.com Brookfield to Target $25 Billion for Biggest Infrastructure Fund 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. The fund will target investments in primary areas of infrastructure which include transportation, renewable power, utilities and energy, and also . 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. 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. The special distribution should not be taxable to a Canadian resident shareholder for Canadian income tax purposes provided the adjusted cost base of the Brookfield Infrastructure Partners L.P. units held by the Canadian resident holder is positive after the special distribution. 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. The North American rail business is highly resilient with significant business segment diversification across 14 major commodity groups. Brookfield Infrastructure Partners L.P. is characterized as a corporate limited partnership for Australian income tax purposes. Payments from holding companies in Canada and Bermuda to a Canadian resident are not subject to withholding tax. 1We report the gross distribution and the portion of the distribution that is eligible to be treated as a qualified dividend for U.S. tax purposes on our Schedule K-1 that is issued to U.S. unitholders in February of the following year. Are units considered foreign property for the purposes of the Canada Revenue Agency T-1135 Form Foreign Income Verification Statement? Readers are encouraged to consider both measures in assessing Brookfield Infrastructures results. Brookfield Closes $7 Billion Global Infrastructure Fund - Yahoo Finance These amounts will vary from year-to-year and are calculated in accordance with U.S. tax rules. Why did I receive a Schedule K-1? With our regulated distribution portfolio in the U.K., we built a formidable utility franchise in a highly sought-after jurisdiction. The Board has reviewed and approved this news release, including the summarized unaudited financial information contained herein. As of 3/31/2023, the Morningstar Ratings were based on 233, 209, and 233 share classes for the 3-year, 5-year, and Overall periods, respectively. Insights; Podcasts; Newsroom; Footer menu. (Identifiant de l'offre: 4704427) Previously issued notices can be found in the Qualified Notices section below. TDFs portfolio consists of 7,000 multi-purpose towers and active rooftop sites and 5,000 km of fiber backbone infrastructure. Federal Exemption (s) and Exclusion (s) Claimed (select all that apply) 7. Previously issued notices can be found in the Qualified Notices section below. Brookfield Infrastructure Fund III is a 2016 vintage infrastructure value added fund managed by Brookfield Asset Management. publication offers and more. Brookfield has collected more than $1.8 billion for its second infrastructure debt fund, a recent SEC filing shows. Brookfield Infrastructure Corporation Typically, brokers will prepare and distribute the Form T5013 in late March. 2021 Highlights $12.4B TOTAL NET INCOME GENERATED $6.3B DISTRIBUTABLE EARNINGS $71B CAPITAL RAISED IN 2021 A filing with the Securities Exchange Commission shows thatBrookfield Infrastructure Debt Fund II has closed. Brookfield Infrastructure Partners is not anticipated to generate UBTI and has not generated any in prior years. Brookfield Infrastructure Fund III | Palico Reconciliation of Net Income to Funds from Operations, Source: Brookfield Infrastructure Partners LP; Brookfield Infrastructure Corporation, Brookfield Infrastructure Reports 2021 Year-End Results, Evolving to offer the best of both worlds, https://edge.media-server.com/mmc/p/ro7wn5n6, Net income attributable to the partnership, Property, plant and equipment and investment properties, Investments in associates and joint ventures. We foster alignment of interests with our investors by investing alongside them: over 30% of the capital under management across our private funds is our own, and we are typically the largest investor. At present, these holdings companies are in Canada, US, or Bermuda, and we do not expect this to change for the foreseeable future. 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. Is the distribution I am paid from Brookfield Infrastructure Partners subject to Withholding Tax? Who will send my Tax Form and when will I receive it (K-1)? Consolidated Statements of Financial Position, Brookfield Infrastructure Partners L.P. Brookfield Infrastructure Partners is a "flow through" entity for US income tax purposes, and its income comes from holding companies the partnership owns. The below charts are illustrative of the type of graphical data available to our clients and do not represent live data. Brookfield Infrastructure Partners is not a tax shelter and therefore does not have an applicable TS number. Brookfield Asset Management Inc. is a global alternative asset manager with over US$175 . 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 Who applies the withholding tax? Get the full list, Morningstar Institutional Equity Research. Reg. BROOKFIELD INFRASTRUCTURE CORPORATION . 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 I am a European resident. Receipt of a Schedule K-1 does not trigger a U.S. tax return filing obligation or indicate that one is required. The firm last filed a Form D notice of exempt offering of securities on 2013-10-07. Reg. There may be minor differences due to exchange rates. This distribution represents a 6% increase compared to the prior year. Toute l'anne 2023. 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. Inter Pipeline is a major petroleum transportation and natural gas liquids processing business based in Alberta, Canada. Only logged in subscribers of this site will be able to access the shared article. We are required to use reasonable efforts to send a Schedule K-1 to all unitholders. When will I (non-registered unitholder) receive my Tax Form (T5013)? Type of Filing 8. Why havent I received a K-1? Yes, the K-1 Form you receive should include all information that is required by law for you to e-file your U.S. personal tax return. A recording of the teleconference can be accessed at 1-855-859-2056 or +1-404-357-3406 (Conference ID: 7897200). Brookfield Infrastructure Fund II-A LP | AUM 13F 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. 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. To read this full article you need to be subscribed to Newsline. BMO Nesbitt Burns Inc., (ii) represents the business judgment of the Manager . The fund is based in Toronto, Canada and it invests in Canada. Manulife Global Listed Infrastructure Fund - Canada OPERATIONAL TELECOM TOWERS AND ACTIVE ROOFTOP SITES. No, Brookfield Infrastructure Partners has not and is not expected to generate effectively connected income (ECI) or commercial activity income (on a global basis). What Tax Form will I receive as a U.S. Unitholder? 2016 Vintage USD 14,000m Size Buy and sell stakes in Brookfield Infrastructure Fund III Access a unique secondary deal flow. The filing was for a pooled investment fund: private equity fund The notice included securities offered of Equity,Pooled Investment Fund Interests Sec. Sec Form D/A 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. Alternatively, use the link to Tax Package Support at the right side of this page. Learn more about the launch of our publicly listed pure-play Alternative Asset Manager. 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. Brookfield Infrastructure Debt Fund II - PitchBook Data Consolidated Statements of Operating Results, Brookfield Infrastructure Partners L.P. 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. PURPOSE OF THE CORPORATION . 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. 1.1446(f)-4(b)(3)(iii) as applicable. Is Brookfield Infrastructure Partners a Limited Partnership, Corporation or Trust? 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. Learn more about the launch of our publicly listed pure-play Alternative Asset Manager. Sec. BIF IV closes at $20bn becoming Brookfield's largest fund ever Brookfield Infrastructure Partners is a publicly traded partnership that does not earn active business income. 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 . Brookfield Infrastructure Partners has issued qualified notices in accordance with Treas. Sec. Consequently, holders of Brookfield Infrastructure Partners units are advised to consult their own tax advisors with respect to their particular circumstances. Get the full list, Morningstar Institutional Equity Research. Homepage | Brookfield Infrastructure Partners Fourth Quarter 2021 Results. Is Brookfield Infrastructure Partners a Specified Foreign Property? Unitholders are obligated to accurately compute the tax cost of their Brookfield Infrastructure Partners L.P. units. Systems involved in the movement of freight, commodities and passengers. Brookfield Infrastructure Reports 2021 Year-End Results How can I obtain a tax credit for foreign taxes withheld? Offering innovative, institutional-caliber investment expertise and solutions for the individual investor. Brookfield Infrastructure Partners L.P. (BIP) - Yahoo Finance Get started Learn more Already a member? Brookfield Infrastructure Partners is not a corporation or a trust. 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. References to the Partnership are to Brookfield Infrastructure Partners L.P. Brookfield Infrastructure Partners L.P. BIF II in $7bn final close - Infrastructure Investor Computershare Brookfield Infrastructure Partners does not have a Quebec number because it is non-resident of Quebec. 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. What is the tax nature of the income earned by Brookfield Infrastructure Partners? The NAICS codes should have no impact on the computation of your taxes. In limited cases the information provided to us may be incomplete and/or inaccurate. Find the latest Brookfield Infrastructure Partners L.P. (BIP) stock quote, history, news and other vital information to help you with your stock trading and investing. Please contact your broker directly with questions on this form. Does Brookfield Infrastructure Partners generate any Unrelated Business Taxable Income (UBTI)? LP Login Private Fund Contacts Robert White +1 305 438 7330 Niel Thassim +65 6750 4488 For Canadian residents, the tax cost of units is determined in Canadian dollars so all three components should be determined in Canadian dollars. The fund targets infrastructure, transportation, renewable energy, power, utilities, waste & water management, oil & gas, industrials, and commercial services sectors. Brookfield Infrastructure Fund IV-A, L.P. Profile - SEDAR 1.1446(f)-4(b)(3)(iii) as applicable. 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. Canton, MA 02021, Toll-Free:(877) 243-3717 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. Providence RI 02940-3078, Overnight correspondence should be mailed to: In 2021, we acquired Inter Pipeline, a strategic long-haul pipeline network with interests in petrochemical facilities and bulk storage assets. Current year results also reflect elevated commodity prices across our existing businesses. 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. Private Funds; Public Securities; Financial Advisors. 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 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 . A verification email is on its way to you. 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). www.taxpackagesupport.com/brookfield. Register now to read this article and more for free. Does Brookfield Infrastructure Partners generate UBTI? If you do not receive a K-1 and require one, please contact Tax Package Support at (866) 949-2771 orwww.taxpackagesupport.com/brookfieldand they will assist you. The fund prefers to make impact investments in infrastructure. At present, these holdings companies are in Canada, US, or Bermuda, and we do not expect this to change for the foreseeable future. Sign in or Register Sign In / Register Database LP search GP search Fund search Investment Consultant search Placement Agent search Law Firm search Sec. Why dont I receive the full distribution amount? Brookfield Infrastructure Partners has issued qualified notices in accordance with Treas. 1.1446(f)-4(b)(3)(iii) as applicable.
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