This site uses cookies. The fund is located in New York, New York. BIF IV closes at $20bn becoming Brookfield's largest fund ever 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. 1.1446(f)-4(b)(3)(iii) as applicable. 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. Brookfield Asset Management Inc. is a global alternative asset manager with over US$175 . While the energy supply shortage in . Brookfield Infrastructure Reports 2021 Year-End Results Tel:416-956-5129 BROOKFIELD INFRASTRUCTURE CORPORATION . On Jun 13, 2022, there was a 3 for 2 share split in the shares of Brookfield Infrastructure Corporation. 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. Brookfield Infrastructures results include limited partnership units held by public unitholders, redeemable partnership units, general partnership units, Exchange LP units, BIPC exchangeable LP units and BIPC exchangeable shares. Is Brookfield Infrastructure Partners a Limited Partnership, Corporation or Trust? Brookfield Eyes Green Steel for Multibillion New Transition Fund Brookfield Infrastructure Partners L.P. (BIP) - Yahoo Finance 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. Brookfield Asset Management has raised US$2.7bn (2.19bn) for its second infrastructure debt fund, according to a source close to the matter. The fund prefers to make impact investments in infrastructure. Brookfield Asset Management is a global alternative asset manager with over USD $625 billion in assets under management (as of June 30, 2021). Offering innovative, institutional-caliber investment expertise and solutions for the individual investor. Brookfield Infrastructure Fund III | Palico 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. 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. Please check your spam or junk folder just in case. Evolving to offer the best of both worlds. For more information, go to www.brookfield.com. The funds predecessor, Brookfield Infrastructure Debt Fund, raised $885 million and closed, Glossary, videos, podcasts, research in the Resource Center. 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. 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. Payments from holding companies in Canada to a US resident such as dividends may be subject to withholding taxes. 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. The allocation of U.S. taxable income is communicated using Schedule K-1. BIF II in $7bn final close - Infrastructure Investor BIPs letter to unitholders and supplemental information are available at www.brookfield.com/infrastructure. Brookfield has collected more than $1.8 billion for its second infrastructure debt fund, a recent SEC filing shows. Brookfield Infrastructure Fund III is a closed private equity fund managed by Brookfield Infrastructure Partners . Please consult with your tax advisor on how the share split would impact your adjusted cost basis of your Brookfield Infrastructure Corporation shares. 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. This dividend is identical in amount per Share and has identical record and payment dates to the quarterly distribution announced today by BIP on its units. Offering innovative, institutional-caliber investment expertise and solutions for the individual investor. What is my Adjusted Cost Base? 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. 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. I am an Australian resident. Please consult with your tax advisor on how the share split would impact your adjusted cost base of your Brookfield Infrastructure Corporation shares. Railpens Cambridge portfolio already includes Cambridge Retail Parkand The BeehiveCentre, Separate account relationship withGCM Grosvenor expected tonon-core real estate, Singapores GICexpands exposure to logistics assets with4m sqft portfolio purchase, Copyright 19972023 IPE International Publishers Limited, Registered in England, Reg No. Brookfield closes second debt fund on $2.7bn | Infrastructure Investor Infrastructure | Brookfield Infrastructure Overview Quick Links We are one of the world's largest infrastructure investors. A significant portion of Brookfield Infrastructure Partners income is Bermuda source dividend which is a fully taxable "ordinary dividend. At present, these holdings companies are either in Canada, US or Bermuda, and we do not expect this to change for the foreseeable future. We would generally expect Australian tax resident unitholders to treat Brookfield Infrastructure Partners L.P.'s distributions as unfranked dividends unless otherwise advised. What is Brookfield Infrastructure Partners Quebec Tax ID Number? 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This is a formidable utility franchise in a highly sought-after jurisdiction. In the event you believe your K-1 is incorrect please contact Tax Package Support at (866) 949 2771 orwww.taxpackagesupport.com/brookfieldand an amended Form K1 will be issued. 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. BMU identifies the source of the income as Bermuda. Sec. After adjusting for revaluation and dividends paid on our Shares that are classified as liabilities under IFRS, this represents an increase in net income of approximately $170 million compared to the prior year. 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. In 2019, we acquired Genesee & Wyoming (G&W), a leading short haul operator with a network of over 22,000 km of track across the U.K. and North America. Inter Pipeline is a strategic long-haul pipeline network with interests in petrochemical facilities and bulk storage assets. Mis jour le 18 mars 2021 10:27. par Mairie de Signes. 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. X Yes No 9. North America:1-866-989-0311 For enquiries regarding unit transfers, changes of address, distribution cheques and lost unit certificates, please contact: Computershare www.computershare.com/investor, Brookfield Infrastructure Sign up to receive emails from IREI. The below charts are illustrative of the type of graphical data available to our clients and do not represent live data. Further information is available at www.brookfield.com/infrastructure. Please note that ones personal tax circumstances must be taken into account and that the IRS will, in certain circumstances, require individuals to submit their tax returns in a paper format. LP Login Private Fund Contacts Robert White +1 305 438 7330 Niel Thassim +65 6750 4488 Copies of the Partnerships continuous disclosure filings are available electronically on EDGAR on the SECs website at www.sec.gov or on SEDAR at www.sedar.com. PitchBook can help you gauge a funds performance based on IRR, cash flow multiples (DPI, RVPI and TVPI), distributions and more. Brookfield Infrastructure Partners is not a corporation or a trust. References to the Partnership are to Brookfield Infrastructure Partners L.P. Brookfield Infrastructure Partners L.P. Brookfield Infrastructure Partners has issued qualified notices in accordance with Treas. To read this full article you need to be subscribed to Newsline. 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 Receipt of a Schedule K-1 does not trigger a U.S. tax return filing obligation or indicate that one is required. Previously issued notices can be found in the Qualified Notices section below. 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. 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. PitchBook helps you see a funds investments based on target industry, year and deal typeso you can quickly understand its strategy at a glance. For the year ended December 31, 2021, we reported net income attributable to the partnership of $1.1billion compared to $0.4 billion for the prior year. Beneficial Canadian unitholders (i.e., those holding their units in street name with their brokerage) should receive a T5013 from their Canadian broker. Furthermore, Brookfield Infrastructure Partners does not directly own any assets used in a U.S. trade or business. Brookfield Perspectives is a podcast exploring how we invest in the backbone of the global economy. Payments from holding companies in the US to a Canadian resident such as dividends may be subject to withholding taxes. Why dont I receive the full distribution amount? The fund prefers to make impact investments in infrastructure. 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). Win whats next. G&W owns or leases116 freight railroads worldwide organized in locally managed operating regions with 7,300 employees serving over 3,000 customers. The Schedule K-1 is the U.S. equivalent of a Form T5013. Prior year results reflected an additional 12.5% ownership in our U.S. gas pipeline, which was sold in March. The fund will target investments in primary areas of infrastructure which include transportation, renewable power, utilities and energy, and also . Collecte et tri des dchets - Mtropole Nice Cte d'Azur Sec. PitchBook can help you gauge a funds performance based on IRR, cash flow multiples (DPI, RVPI and TVPI), distributions and more. Tel:416-956-5129 Providence RI 02940-3078, Overnight correspondence should be mailed to: Reg. Getty Images/iStockphoto. We are one of the worlds largest infrastructure investors. Don't have an account? Upload your latest press release or suggest a story idea to our editorial team. Is the distribution I am paid from Brookfield Infrastructure Partners subject to Withholding Tax? 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. Sec. Brookfield Infrastructure Debt Fund II is an infrastructure debt fund managed by Brookfield Capital Partners. A link has been emailed to you - check your inbox. Brookfield Infrastructure Partners U.S. operations are carried out through U.S. resident corporate subsidiaries. Youll receive updates on upcoming events, special You should only be asked to sign in once. 2021 results also reflect the acquisition of an additional interest in our Brazilian regulated gas transmission operation completed in April. For all Brookfield Infrastructure Partners L.P. investor enquiries please call our Unitholder Enquiries Line: bip.enquiries@brookfield.com. 462 South 4th Street, Suite 1600 Conference Call and Quarterly Earnings Details. TDFs portfolio consists of 7,000 multi-purpose towers and active rooftop sites and 5,000 km of fiber backbone infrastructure. Sec Form D/A The future performance and prospects of Brookfield Infrastructure are subject to a number of known and unknown risks and uncertainties. I am a European resident. In 2012, we acquired another company in the U.K. and merged the two operations. Brookfield Infrastructure Partners L.P. will not be issuing any Australian tax forms. Regulatory Filings | Brookfield Infrastructure Partners Current year results also reflect elevated commodity prices across our existing businesses. 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. For all Brookfield Infrastructure Partners L.P. investor enquiries please call our Unitholder Enquiries Line: bip.enquiries@brookfield.com Chief Executive Officer, Insurance Solutions, John Hancock Life Insurance Company of New York, Youre viewing 5 of 24 limited partners. Toute l'anne 2023. 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). Reg. Box 43078 FFO growth on a same-store basis was 11%. Brookfield Infrastructure Partners L.P. does not have sufficient information to track the tax cost of units for each individual holder. 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. Receipt of a Schedule K-1 does not trigger a U.S. tax return filing obligation or indicate that one is required. 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. Read our policy. Consolidated Statements of Financial Position, Brookfield Infrastructure Partners L.P. Brookfield Infrastructure Partners is not a tax shelter and therefore does not have an applicable TS number. Dividends from Canada and US are "qualified dividends" and therefore eligible for a preferential U.S. income tax rate (for individuals)1. Computershare Payments from holding companies in US and Bermuda to a US resident are generally not subject to withholding tax. Computershare Email:bip.enquiries@brookfield.com, Evolving to offer the best of both worlds, Previously issued notices can be found in the Qualified Notices section below, Please also see a letter from counsel on this issue, Please also see a letter from counsel on this issue below, BIP Taxation Overview - Australian Investors, BIP Taxation Overview - European Investors, Market Value Information for Units of Brookfield Infrastructure Partners, 2023 Withholding Tax Information for Distributions, 2022 Canadian Taxable Income Calculation (Common), 2022 Canadian Taxable Income Calculation (Preferred - Series 1), 2022 Canadian Taxable Income Calculation (Preferred - Series 3), 2022 Canadian Taxable Income Calculation (Preferred - Series 7), 2022 Canadian Taxable Income Calculation (Preferred - Series 9), 2022 Canadian Taxable Income Calculation (Preferred - Series 11), 2022 Canadian Taxable Income Calculation (Preferred - Series 13), 2022 Canadian Taxable Income Calculation (Preferred - Series 14), Calculation of Adjusted Cost Base (Common), Calculation of Adjusted Cost Base (Preferred - Series 1), Calculation of Adjusted Cost Base (Preferred - Series 3), Calculation of Adjusted Cost Base (Preferred - Series 7), Calculation of Adjusted Cost Base (Preferred - Series 9), Calculation of Adjusted Cost Base (Preferred - Series 11), Calculation of Adjusted Cost Base (Preferred - Series 13), Calculation of Adjusted Cost Base (Preferred - Series 14).
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