Upload your latest press release or suggest a story idea to our editorial team. Fourth Quarter 2021 Results. Not the case? A link has been emailed to you - check your inbox. We own and operate assets across the transport, data, utilities and midstream sectors with a focus on cash flow stability and resilience. The fund prefers to make impact investments in infrastructure. Investors, analysts and other interested parties can access Brookfield Infrastructures 2021 Year-End Results as well as the Letter to Unitholders and Supplemental Information on Brookfield Infrastructures website under the Investor Relations section at www.brookfield.com/infrastructure. 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. 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. 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 . 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 publicly traded partnership that does not earn active business income. Global: 1-416-363-9491. You should only be asked to sign in once. 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 favourable 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 the 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 referred to in this press release as 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 Brookfield Infrastructure with the securities regulators in Canada and the United States including under Risk Factors in Brookfield Infrastructures most recent Annual Report on Form 20-F and other risks and factors that are described therein. While the energy supply shortage in . Reg. The Schedule K-1 is the U.S. equivalent of a Form T5013. The fund is located in Toronto, Canada and will invest in North and South America, Europe and Australasia. 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. Current year results also reflect elevated commodity prices across our existing businesses. 685 1784 92. For more information, go to www.brookfield.com. In 2012, we acquired another company in the U.K. and merged the two operations. An fundraising target was not disclosed. What is Brookfield Infrastructure Partners TS number? Is the UK government underestimating public outrage on sewage spills? LP Login Private Fund Contacts Robert White +1 305 438 7330 Niel Thassim +65 6750 4488 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. Email:bip.enquiries@brookfield.com, Evolving to offer the best of both worlds. The following discussion is intended to provide a general explanation of the U.S., Canadian, European, and Australian tax treatment of holding Brookfield Infrastructure Partners units. Why does the $CAD cash I received not equal the amount reflected on my T5013? What is the tax nature of the income earned by Brookfield Infrastructure Partners? The below charts are illustrative of the type of graphical data available to our clients and do not represent live data. Offering innovative, institutional-caliber investment expertise and solutions for the individual investor. 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 The capital was raised in less than 14 months and the fund has already committed capital to four seed assets. Get the full list, Morningstar Institutional Equity Research. Is the distribution I am paid from Brookfield Infrastructure Partners subject to Withholding Tax? Summit DigiTel is a portfolio of more than 150,000 communication towers that form the infrastructure backbone of Reliance Jios telecom business. Providence RI 02940-3078, Overnight correspondence should be mailed to: Consolidated Statements of Cash Flows, Brookfield Infrastructure Partners L.P. 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. There may be minor differences due to exchange rates. Brookfield Infrastructure Fund III is a closed private equity fund managed by Brookfield Infrastructure Partners . BOARD OF DIRECTORS CHARTER . 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. Youll receive updates on upcoming events, special Is Brookfield Infrastructure Partners a Limited Partnership, Corporation or Trust? Brookfield Infrastructure Partners is not anticipated to generate UBTI and has not generated any in prior years. TDFs portfolio consists of 7,000 multi-purpose towers and active rooftop sites and 5,000 km of fiber backbone infrastructure. Type of Filing 8. 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 . What is the tax cost of my units? FFO growth on a same-store basis was 11%. For enquiries regarding unit transfers, changes of address, distribution cheques and lost unit certificates, please contact: Computershare Offering innovative, institutional-caliber investment expertise and solutions for the individual investor. 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. 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%. Sec. The NAICS codes should have no impact on the computation of your taxes. To view Brookfield Infrastructure Debt Fund IIs complete limited partners history, request access, Youre viewing 5 of 281 funds. What is Brookfield Infrastructure Partners Partnership ID Number? 1.1446(f)-4(b)(3)(iii) as applicable. Consolidated Statements of Financial Position, Brookfield Infrastructure Partners L.P. On Jun 13, 2022, there was a 3 for 2 share split in the shares of Brookfield Infrastructure Corporation. 1.1446(f)-4(b)(3)(ii)(A)(2). Brookfield Oaktree Wealth Solutions; News & Insights. 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. Consolidated Statements of Operating Results, Brookfield Infrastructure Corporation A significant portion of Brookfield Infrastructure Partners income is Bermuda source dividend which is a fully taxable "ordinary dividend. Depending upon the particular taxation year, the T5013 will report various sources of income and expenses in a number of boxes on the form. Getty Images/iStockphoto. With our regulated distribution portfolio in the U.K., we built a formidable utility franchise in a highly sought-after jurisdiction. I owned units of Brookfield Infrastructure Partners L.P. prior to the formation of Brookfield Infrastructure Corporation. Brookfield Asset Management is a global alternative asset manager with over USD $625 billion in assets under management (as of June 30, 2021). Infrastructure | Brookfield Infrastructure Overview Quick Links We are one of the world's largest infrastructure investors. Brookfield Infrastructure Corporation Am I subject to U.S. tax withholding under IRC Section 1446(f) on the disposition of Brookfield Infrastructure Partner units? 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At present, these holdings companies are in Canada, US, or Bermuda, and we do not expect this to change for the foreseeable future. For Canadian residents, the tax cost of units is determined in Canadian dollars so all three components should be determined in Canadian dollars. The statutory filing/mailing requirement for Form T5013 is the end of March. Toute l'anne 2023. RegisteredCanadian unitholders will receive a T5013 directly from Brookfield Infrastructure Partners. This step-change increase reflects the acquisition of IPL, which was completed in the fourth quarter. Current year results also benefited from a gain associated with the sale of our smart meter portfolio in the U.K. Has Brookfield Infrastructure Partners generated or is it expected to generate Effectively Connected Income (ECI) or Commercial Activity income? Last years results included our U.K. smart meter portfolio which was divested earlier this year. 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).