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. Typically, brokers will prepare and distribute the Form T5013 in late March. With our regulated distribution portfolio in the U.K., we built a formidable utility franchise in a highly sought-after jurisdiction. 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. Is the distribution I am paid from Brookfield Infrastructure Partners subject to Withholding Tax? Brookfield Asset Management has raised US$2.7bn (2.19bn) for its second infrastructure debt fund, according to a source close to the matter. We are focused on assets that generate stable cash flows and require minimal maintenance capital expenditures. We are required to use reasonable efforts to send a Schedule K-1 to all unitholders. Brookfield closes second debt fund on $2.7bn, Best Practice in Infrastructure Asset Management, Managing Risk in Infrastructure Investments, Infrastructure Investor Global Summit 2023. Click here. 2023 PitchBook. Get the full list, To view Brookfield Infrastructure Fund IIs complete team members history, request access, Youre viewing 5 of 44 funds. 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. A lower-risk core infrastructure strategy should deliver a consistent cash yield with attractive risk-adjusted returnsregardless of economic cycles. Brookfield Infrastructure Corporation Reports The NAICS codes should have no impact on the computation of your taxes. Is Brookfield Infrastructure Partners a Limited Partnership, Corporation or Trust? This is a formidable utility franchise in a highly sought-after jurisdiction. The net income and Funds from Operations1 (FFO) of BIPC are captured in the Partnerships financial statements and results. Typically, brokers will prepare and distribute the Form T5013 in late March. 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. While Brookfield Infrastructure Partners is a Bermuda partnership, its income comes from holding companies the partnership owns. The firm last filed a Form D notice of exempt offering of securities on 2013-10-07. 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. I am a Canadian resident. Is Brookfield Infrastructure Partners a Limited Partnership, Corporation or Trust? What is Brookfield Infrastructure Partners TS number? Brookfield Infrastructure Debt Fund II is an infrastructure debt fund managed by Brookfield Capital Partners. We begin this year with a strong liquidity position and half of our 2022 deployment target already secured.. What is Brookfields NAICS? 83870 Signes. Louisville, KY 40233, Overnight correspondence should be mailed to: Brookfield Infrastructure Partners L.P. (Brookfield Infrastructure Partners) is a Bermuda based limited partnership that is treated as a partnership for Canadian tax purposes. What Tax Form will I receive as a Canadian Unitholder? For Canadian residents, the tax cost of units is determined in Canadian dollars so all three components should be determined in Canadian dollars. For all Brookfield Infrastructure Partners L.P. investor enquiries please call our Unitholder Enquiries Line: bip. 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. The fund is located in Toronto, Canada and will invest in North and South America, Europe and Australasia. 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. Can I E-File my tax return? The net taxable income allocated is the sum of the various income and expenses. Clos de Danjean. The below charts are illustrative of the type of graphical data available to our clients and do not represent live data. The fund targets the renewable energy sector. The fund prefers to make impact investments in infrastructure. Type of Filing 8. 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 on track to raise $3bn for latest infra debt strategy - exclusive The manager was originally targeting $1.75bn for its second mezzanine fund, expected to reach a final close as early as end of October. Our transport segment is a significant beneficiary of the robust economic recovery occurring in most of our investment markets. 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). 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. Don't have an account? 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. Find potential buyers without revealing your identity. For all Brookfield Infrastructure Partners L.P. investor enquiries please call our Unitholder Enquiries Line: bip.enquiries@brookfield.com. Sec. Payments from holding companies in Canada and Bermuda to a Canadian resident are not subject to withholding tax. I am a beneficial unitholder and havent received my T5013. Sec. We use cookies and other tracking technologies to personalize your user experience on our site and perform site analytics. Is Brookfield Infrastructure Partners a Specified Foreign Property? Reconciliation of Net Income to Funds from Operations, Brookfield Infrastructure Partners L.P. Brookfield Infrastructure Partners U.S. tax identification number (Employer Identification Number) is 98-0330282. Brookfield has over a 100-year history of owning and operating assets with a focus on property, renewable power, infrastructure and private equity. To view Brookfield Infrastructure Debt Fund IIs complete limited partners history, request access, Youre viewing 5 of 281 funds. Can you send a replacement form? 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. Businesses that provide essential services and critical infrastructure to transmit and store data globally. Sign up to receive emails from IREI. You should only be asked to sign in once. In 2012, we acquired another company in the U.K. and merged the two operations. (Identifiant de l'offre: 4704427) These towers are strategically located for pan-India 4G coverage. 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). Tel:416-956-5129 Contact Information Fund Manager Brookfield Capital Partners Fund Category Private Debt Management uses funds from operations per unit (FFO per unit) as a key measure to evaluate operating performance. We would generally expect Australian tax resident unitholders to treat Brookfield Infrastructure Partners L.P.'s distributions as unfranked dividends unless otherwise advised. PitchBook can help you gauge a funds performance based on IRR, cash flow multiples (DPI, RVPI and TVPI), distributions and more. We rely on information provided by brokers and/or clearing houses to prepare Schedule K-1. Prior year results reflected an additional 12.5% ownership in our U.S. gas pipeline, which was sold in March. These amounts will vary from year-to-year and are calculated in accordance with U.S. tax rules. The 5-day volume weighted average price (VWAP) ending April 6, 2020 of a share of Brookfield Infrastructure Corporation on the Toronto Stock Exchange was $50.12. 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. Youll receive updates on upcoming events, special Is the distribution I am paid from Brookfield Infrastructure Partners subject to Withholding Tax? 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. 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. My tax software requires that I insert a six-digit Tax Shelter (TS) number. 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. Please check your spam or junk folder just in case. 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. BIPs letter to unitholders and supplemental information are available at www.brookfield.com/infrastructure. In an inflationary environment, backbone real assets, private credit and transition-focused investments are where you want to be invested. 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. Is Brookfield Infrastructure Partners eligible for Tax-Deferred Plans? We own and operate assets across the transport, data, utilities and midstream sectors with a focus on cash flow stability and resilience. No, Brookfield Infrastructure Partners has not and is not expected to generate effectively connected income (ECI) or commercial activity income (on a global basis). Mark.Srulowitz@brookfield.com: Short Form Prospectus Issuer: No: Telephone Number: 212 417-2520: Reporting Jurisdictions: Non-Reporting Issuer: Fax Number: The below charts are illustrative of the type of graphical data available to our clients and do not represent live data. Officer of Brookfield Infrastructure Fund III GP LLC, the General Partner 4. Reg. BOX 505000 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. Owning a unit of BIP LP does not provide you with a U.S. tax filing obligation. Unitholders are obligated to accurately compute the tax cost of their Brookfield Infrastructure Partners L.P. units. If you have elected to receive distribution in CAD, there will be a record date and a payment date. What is the tax cost of my units? www.computershare.com/investor, Brookfield Infrastructure Further information is available at www.brookfield.com/infrastructure. Businesses that provide essential services and critical infrastructure to transmit and store data (). The fund is located in Toronto, Canada and will invest in North and South America, Europe and Australasia. 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. Am I subject to U.S. tax withholding under IRC Section 1446(f) on the disposition of Brookfield Infrastructure Partner units? For Australian residents, the tax cost of units is the amount paid for Brookfield Infrastructure Partners L.P. units plus any incidental costs incurred to acquire them. Receipt of a Schedule K-1 does not trigger a U.S. tax return filing obligation or indicate that one is required. Brookfield Asset Management has raised US$2.7bn (2.19bn) for its second infrastructure debt fund, according to a source close to the matter. For all Brookfield Infrastructure Partners L.P. investor enquiries please call our Unitholder Enquiries Line: bip.enquiries@brookfield.com Learn more about the launch of our publicly listed pure-play Alternative Asset Manager. For overseas calls please dial +1-409-216-0834, at approximately 8:50 a.m. Eastern Time. Brookfield Infrastructure Partners is not considered a PFIC or CFC for U.S. tax purposes. Fund # 805-2824939657: CIK # 0001575108: Sale: 2013-05-30 ($6.6 BB Sold) Fund: Private Equity Fund The Schedule K-1 is the U.S. equivalent of a Form T5013. Offering innovative, institutional-caliber investment expertise and solutions for the individual investor. BROOKFIELD INFRASTRUCTURE CORPORATION . Reg. The data segmentgenerated FFO of $238 million in 2021, an increase of 21%. 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. Duration of Offering Does the Issuer intend this offering to last more than one year? The income Brookfield Infrastructure Partners earns from underlying subsidiaries includes dividends and interest paid by subsidiaries in jurisdictions that levy withholding tax. 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 . 1.1446(f)-4(b)(3)(ii)(A)(2). For enquiries regarding unit transfers, changes of address, distribution cheques and lost unit certificates, please contact: Computershare Previously issued notices can be found in the Qualified Notices section below. 150 Royall St., Suite 101 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. Brookfield Infrastructure Partners is a Bermuda based limited partnership. We cannot send a replacement form to a non-registered unitholder. 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. P.O. The Canadian firm has already made four seed investments from BID II, which it raised in a little over a year. 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. Consolidated Statements of Cash Flows, Brookfield Infrastructure Partners L.P. 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. 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