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). Is Brookfield Infrastructure Partners eligible for Tax-Deferred Plans? This broadly means Brookfield Infrastructure Partners L.P. is treated as a company for Australian income tax purposes. In 2012, we acquired another company in the U.K. and merged the two operations. Collecte et tri des dchets - Mtropole Nice Cte d'Azur Payments from holding companies in Canada to a US resident such as dividends may be subject to withholding taxes. Brookfield Infrastructure Partners L.P. will not be issuing any Australian tax forms. 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. The fund targets infrastructure, transportation, renewable energy, power, utilities, waste & water management, oil & gas, industrials, and commercial services sectors. 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 Please also see a letter from counsel on this issue below, as well as more detailed discussion on this new rule and its applicability to BIP units. Because the withholding tax process is administered by the brokerage community rather than us, taxes withheld are only reported on Forms 1099-INT and 1099-DIV (and not on Schedule K-1). 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. Global:1-416-363-9491. 2023 PitchBook. 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 . Reg. Consolidated Statements of Financial Position, Brookfield Infrastructure Corporation Forward-looking statements in this news release may include statements regarding expansion of Brookfield Infrastructures business, the likelihood and timing of successfully completing the transactions referred to in this news release, statements with respect to our assets tending to appreciate in value over time, the future performance of acquired businesses and growth initiatives, the commissioning of our capital backlog, the pursuit of projects in our pipeline, the level of distribution growth over the next several years and our expectations regarding returns to our unitholders as a result of such growth. References to the Partnership are to Brookfield Infrastructure Partners L.P. Brookfield Infrastructure Partners L.P. Brookfield on track to raise $3bn for latest infra debt strategy 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. Brookfield Oaktree Wealth Solutions; News & Insights. Brookfield Infrastructure Partners L.P. (BIP) - Yahoo Finance 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. Global: 1-416-363-9491. Brookfield Asset Management is a global alternative asset manager with over USD $625 billion in assets under management (as of June 30, 2021). 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. We own and operate assets across the transport, data, utilities and midstream sectors with a focus on cash flow stability and resilience. Previously issued notices can be found in the Qualified Notices section below. Click here. Private Funds | Brookfield BOX 505000 Sign up here. Annual Reports & Prospectus | Brookfield Infrastructure Partners Consolidated Statements of Cash Flows, Brookfield Infrastructure Partners L.P. Furthermore, Brookfield Infrastructure Partners does not directly own any assets used in a U.S. trade or business. Shareholder correspondence should be mailed to: What is Brookfield Infrastructure Partners TS number? We own and operate assets across the transport, data, utilities and midstream sectors with a focus on cash flow stability and resilience. The filing was for a pooled investment fund: private equity fund The notice included securities offered of Equity,Pooled Investment Fund Interests Register now to read this article and more for free. Tel:416-956-5129 This site uses cookies. What is the tax nature of the income earned by Brookfield Infrastructure Partners? 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. Why does the $CAD cash I received not equal the amount reflected on my T5013? Receipt of a Schedule K-1 does not trigger a U.S. tax return filing obligation or indicate that one is required. 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. 1.1446(f)-4(b)(3)(iii) as applicable. Brookfield Infrastructures Letter to Unitholders and Supplemental Information are available at www.brookfield.com/infrastructure. Infrastructure Fund (the "Fund") For the period from February 25, 2022 (the performance launch date) to September 30, 2022 (the "Period") . Sec. The net income and Funds from Operations1 (FFO) of BIPC are captured in the Partnerships financial statements and results. Can you send a replacement form? Get the full list, Morningstar Institutional Equity Research. Email:bip.enquiries@brookfield.com, Evolving to offer the best of both worlds. The Baron Real Estate Income Fund received 4 . Inter Pipeline owns and operates energy infrastructure assets in Western Canada including the Heartland Petrochemical Complex. 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. The allocation of U.S. taxable income is communicated using Schedule K-1. This step-change increase reflects the acquisition of IPL, which was completed in the fourth quarter. Our highly contracted data transmission and storage businesses have also benefited from inflation indexation and higher rates across the portfolio. Mark.Srulowitz@brookfield.com: Short Form Prospectus Issuer: No: Telephone Number: 212 417-2520: Reporting Jurisdictions: Non-Reporting Issuer: Fax Number: Brookfield Infrastructure Partners L.P. does not have sufficient information to track the tax cost of units for each individual holder. BMO Nesbitt Burns Inc., (ii) represents the business judgment of the Manager . 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. The fund is located in New York, New York. Our transport segment is a significant beneficiary of the robust economic recovery occurring in most of our investment markets. BIPC reported a net loss attributable to the partnership of $368 million compared to $552 million in the prior year. Learn more about the launch of our publicly listed pure-play Alternative Asset Manager. 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. If you are a beneficial Canadian resident unitholder and did not receive your Form T5013, please contact the brokerage firm with whom your units are held. 2021 results also reflect the acquisition of an additional interest in our Brazilian regulated gas transmission operation completed in April. BROOKFIELD INFRASTRUCTURE FUND II-A, L.P. Top 13F Holdings We would generally expect Australian tax resident unitholders to treat Brookfield Infrastructure Partners L.P.'s distributions as unfranked dividends unless otherwise advised. Brookfield Infrastructure Partners L.P. (Brookfield Infrastructure Partners) is a Bermuda based limited partnership that is treated as a partnership for Canadian tax purposes. A verification email is on its way to you. Find potential buyers without revealing your identity. Computershare Reg. 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. Annul ou ferm. Is this special distribution taxable for Canadian federal income tax purposes? 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. Non-U.S. investors that own 5% or less of Brookfield Infrastructure Partners publicly traded units should not be subject to FIRPTA taxation on a disposition of their units. Current year results also reflect elevated commodity prices across our existing businesses. 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. Shareholder correspondence should be mailed to: Don't have an account? Toute l'anne 2023. North America: 1-866-989-0311. These amounts will vary from year-to-year and are calculated in accordance with U.S. tax rules. Brookfield Infrastructure Partners is not anticipated to generate UBTI and has not generated any in prior years. Fund Investors. What is Brookfield Infrastructure Partners Quebec Tax ID Number? Brookfield closes second debt fund on $2.7bn | Infrastructure Investor Brookfield Infrastructure Partners U.S. tax identification number (Employer Identification Number) is 98-0330282. We believe economic equivalence is achieved through identical dividends and distributions on the Shares and BIPs units and each Share being exchangeable at the option of the holder for one BIP unit at any time. The North American rail business is highly resilient with significant business segment diversification across 14 major commodity groups. 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. Prior year results included approximately $25 million of additional earnings associated with the partial disposition of our Australian export terminal and Chilean toll road operation completed in the last 12 months. 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. Tel:416-956-5129 For all Brookfield Infrastructure Partners L.P. investor enquiries please call our Unitholder Enquiries Line: bip. 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%. TDFs portfolio consists of 7,000 multi-purpose towers and active rooftop sites and 5,000 km of fiber backbone infrastructure.