What is the tax nature of the income earned by Brookfield Infrastructure Partners? In 2012, we acquired another company in the U.K. and merged the two operations. For all Brookfield Infrastructure Partners L.P. investor enquiries please call our Unitholder Enquiries Line: [email protected] Brookfield Infrastructure Partners is a Bermuda based limited partnership. G&W owns or leases116 freight railroads worldwide organized in locally managed operating regions with 7,300 employees serving over 3,000 customers. 685 1784 92. 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. Consolidated Statements of Financial Position, Brookfield Infrastructure Corporation The Board has reviewed and approved this news release, including the summarized unaudited financial information contained herein. Learn more about the launch of our publicly listed pure-play Alternative Asset Manager. Sign in or Register Sign In / Register Database LP search GP search Fund search Investment Consultant search Placement Agent search Law Firm search Brookfield Infrastructure Partners U.S. tax identification number (Employer Identification Number) is 98-0330282. 1.1446(f)-4(b)(3)(iii) as applicable. Brookfield Infrastructures Letter to Unitholders and Supplemental Information are available at www.brookfield.com/infrastructure. Consolidated Statements of Operating Results, Brookfield Infrastructure Corporation Private Funds; Public Securities; Financial Advisors. Fund Investors. What Tax Form will I receive as a U.S. Unitholder? Brookfield Infrastructure Partners does not have sufficient information to track the tax cost of units for each individual holder. This is a formidable utility franchise in a highly sought-after jurisdiction. For more information, go to www.brookfield.com. No, Brookfield Infrastructure Partners has not and is not expected to generate effectively connected income (ECI) or commercial activity income (on a global basis). 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. Youll receive updates on upcoming events, special Brookfield Infrastructure Fund IV-A, L.P. Street Address 1 Street Address 2; BROOKFIELD PLACE: 250 VESEY STREET, 15TH FLOOR: City State/Province/Country ZIP/PostalCode Phone Number of Issuer; NEW YORK: NEW YORK: 10281-1023 . Global:1-416-363-9491. Has Brookfield Infrastructure Partners generated or is it expected to generate Effectively Connected Income (ECI) or Commercial Activity income? Brookfield Infrastructure Partners L.P. is characterized as a corporate limited partnership for Australian income tax purposes. 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. The Canadian firm has already made four seed investments from BID II, which it raised in a little over a year. The fund targets the renewable energy sector. 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. Can you send a replacement form? Sign in or Register Sign In / Register Database LP search GP search Fund search Investment Consultant search Placement Agent search Is the distribution I am paid from Brookfield Infrastructure Partners subject to Withholding Tax? 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. The T5013 form does not require us to report a NAICS code but it would seem some personal software tax programs ask for them. FFO for the transport segment was $701 million, an improvement of nearly 20% compared with the prior year. The fund targets the renewable energy sector. The allocation of U.S. taxable income is communicated using Schedule K-1. Sec. Summit DigiTel is a portfolio of more than 150,000 communication towers that form the infrastructure backbone of Reliance Jios telecom business. Brookfield Infrastructure Fund Ii-a is based out of New York. The following table presents FFO by segment: We completed or advanced several important initiatives in, and subsequent to, the fourth quarter of 2021: The Board of Directors has declared a quarterly distribution in the amount of $0.54 per unit, payable on March 31, 2022 to unitholders of record as at the close of business on February 28, 2022. What is the tax nature of the income earned by Brookfield Infrastructure Partners? Infrastructure | Brookfield Infrastructure Overview Quick Links We are one of the world's largest infrastructure investors. Since Brookfield Infrastructure Partners is a "flow-through" for U.S. and Canadian income tax purposes, a portion of the income may be subject to withholding taxes levied by jurisdictions such as the U.S. and Canada. 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. After the end of Brookfield Infrastructure Partners' taxation year (December 31), the U.S. 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. This distribution represents a 6% increase compared to the prior year. Insights; Podcasts; Newsroom; Footer menu. There could be a discrepancy in the FX rate used between the record and payment dates. For all Brookfield Infrastructure Partners L.P. investor enquiries please call our Unitholder Enquiries Line: [email protected] North America: 1-866-989-0311 Global: . Is Brookfield Infrastructure Partners a Limited Partnership, Corporation or Trust? The statutory filing/mailing requirement for Form T5013 is the end of March. Brookfield Infrastructure Partners U.S. operations are carried out through U.S. resident corporate subsidiaries. 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. Reg. Clos de Danjean. PURPOSE OF THE CORPORATION . Previously issued notices can be found in the Qualified Notices section below. The fund is located in New York, New York. Who applies the withholding tax? Previously issued notices can be found in the Qualified Notices section below. For Canadian residents, the tax cost of units is determined in Canadian dollars so all three components should be determined in Canadian dollars. Brookfield Oaktree Wealth Solutions; News & Insights. La population mtropolitaine est quipe pour effectuer le tri du verre, du papier et des emballages. BMO Nesbitt Burns Inc., (ii) represents the business judgment of the Manager . The firm last filed a Form D notice of exempt offering of securities on 2013-10-07. 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). Learn more about the launch of our publicly listed pure-play Alternative Asset Manager. 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). Prior year results reflected an additional 12.5% ownership in our U.S. gas pipeline, which was sold in March. Is Brookfield Infrastructure Partners a Limited Partnership, Corporation or Trust? Receipt of a Schedule K-1 does not trigger a U.S. tax return filing obligation or indicate that one is required. 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. 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. The same fair market value at the time of the special distribution of the class A shares received is your adjusted cost base. Evolving to offer the best of both worlds. Brookfield Infrastructure Fund III is a closed private equity fund managed by Brookfield Infrastructure Partners . Our Australian Ports Terminal portfolio contains irreplaceable assets, including two fully automated terminals in Brisbane and Sydney. Brookfield has collected more than $1.8 billion for its second infrastructure debt fund, a recent SEC filing shows. Reg. 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. 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. If your units are held in an IRA, you generally do not need to report the amounts on your K-1 and you should keep your K-1 for your records. 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 Brookfield closes second debt fund on $2.7bn, Best Practice in Infrastructure Asset Management, Managing Risk in Infrastructure Investments, Infrastructure Investor Global Summit 2023. 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. What Tax Form will I receive as a Canadian Unitholder? We own and operate assets across the transport, data, utilities and midstream sectors with a focus on cash flow stability and resilience. The allocation of Canadian taxable income is communicated using Form T5013 (not a Form T5). To view Brookfield Infrastructure Debt Fund IIs complete limited partners history, request access, Youre viewing 5 of 281 funds. 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. No. 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. We would generally expect Australian tax resident unitholders to treat Brookfield Infrastructure Partners L.P.'s distributions as unfranked dividends unless otherwise advised. Who applies the withholding tax? Fourth Quarter 2021 Results. 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 . What is Brookfield Infrastructure Partners Partnership ID Number? 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. Sec. Brookfield Asset Management has raised US$2.7bn (2.19bn) for its second infrastructure debt fund, according to a source close to the matter. Sec. 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. This is a profile preview from the PitchBook Platform. Alternatively, Canadian unitholders can find information about the amount of taxes withheld on their monthly/annual broker statements. Brookfield Infrastructure Fund II is a 2013 vintage infrastructure core fund managed by Brookfield Asset Management. The NAICS codes should have no impact on the computation of your taxes. 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. 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. P.O. OPERATIONAL TELECOM TOWERS AND ACTIVE ROOFTOP SITES. When will I (non-registered unitholder) receive my Tax Form (T5013)? Tel:416-956-5129 Brookfield Infrastructure Partners is not anticipated to generate UBTI and has not generated any in prior years. Global: 1-416-363-9491. Sec. Brookfield Infrastructure Partners is not a corporation or a trust. This distribution represents a 6% increase compared to the prior year. 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. 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. Am I subject to U.S. tax withholding under IRC Section 1446(f) on the disposition of Brookfield Infrastructure Partner units? Conference Call and Quarterly Earnings Details. Unitholders are solely responsible to accurately compute and track the tax cost of their Brookfield Infrastructure Partners units. 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. 150 Royall St., Suite 101 Brookfield Infrastructure Corporation LP Login Private Fund Contacts Robert White +1 305 438 7330 Niel Thassim +65 6750 4488 Brookfield Infrastructure Partners is not a corporation or a trust. Sec. [email protected]: Short Form Prospectus Issuer: No: Telephone Number: 212 417-2520: Reporting Jurisdictions: Non-Reporting Issuer: Fax Number: Reg. Providence RI 02940-3078, Overnight correspondence should be mailed to: [email protected] 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 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. Further information is available at www.brookfield.com/infrastructure. 2023 PitchBook. Readers are encouraged to consider both measures in assessing Brookfield Infrastructures results. 2021 results also reflect the acquisition of an additional interest in our Brazilian regulated gas transmission operation completed in April. The fund targets infrastructure, transportation, renewable energy, power, utilities, waste & water management, oil & gas, industrials, and commercial services sectors. 2016 Vintage USD 14,000m Size Buy and sell stakes in Brookfield Infrastructure Fund III Access a unique secondary deal flow. Mis jour le 18 mars 2021 10:27. par Mairie de Signes. Mis jour le 15 mai 2020 09:56. par Mairie de Signes. Brookfield Asset Management is seeking to raise $25 billion for its fifth flagship infrastructure fund, its largest on record. Offering innovative, institutional-caliber investment expertise and solutions for the individual investor. There may be minor differences due to exchange rates. In Canada, Brookfield Infrastructure Partners is a qualified investment for registered retirement savings plans, deferred profit-sharing plans, registered retirement income funds, registered education savings plans, registered disability savings plans and tax-free savings accounts. 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. Brookfield began marketing the fund in January. Brookfield Infrastructure Partners is not anticipated to generate UBTI and has not generated any in prior years. Beneficial Canadian unitholders (i.e., those holding their units in street name with their brokerage) should receive a T5013 from their Canadian broker. 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. FFO growth on a same-store basis was 11%. A verification email is on its way to you. For the purpose of reporting foreign property by Canadian investors, pursuant to section 233.3 of the Canadian Income Tax Act, Brookfield Infrastructure Partners is not a specified foreign property and therefore does not need to be reported on Form T1135 Foreign Income Verification Statement. Brookfield has over a 100-year history of owning and operating assets with a focus on property, renewable power, infrastructure and private equity.