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 Consolidated Statements of Cash Flows, Brookfield Infrastructure Corporation 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. The Shares of BIPC are structured with the intention of being economically equivalent to the non-voting limited partnership units of Brookfield Infrastructure Partnership L.P. (BIP or the Partnership) (NYSE: BIP; TSX: BIP.UN). 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. What Tax Form will I receive as a Canadian Unitholder? Louisville, KY 40233, Overnight correspondence should be mailed to: The income Brookfield Infrastructure Partners earns from underlying subsidiaries includes dividends and interest paid by subsidiaries in jurisdictions that levy withholding tax. Net income in the current year also includes gains associated with the disposition of several businesses completed during the year, most notably the sale of our district energy portfolio. Brookfield Infrastructure Partners is not anticipated to generate UBTI and has not generated any in prior years. Does Brookfield Infrastructure Partners generate any Unrelated Business Taxable Income (UBTI)? X Yes No 9. Duration of Offering Does the Issuer intend this offering to last more than one year? Is Brookfield Infrastructure Partners a Specified Foreign Property? Upload your latest press release or suggest a story idea to our editorial team. BROOKFIELD, NEWS, Feb. 02, 2022 (GLOBE NEWSWIRE) -- Brookfield Infrastructure (NYSE: BIP; TSX: BIP.UN) today announced its results for the fourth quarter ended December 31, 2021. BOX 505000 A link has been emailed to you - check your inbox. 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. There may be minor differences due to exchange rates. What is the tax nature of the income earned by Brookfield Infrastructure Partners? The Fund follows on the US$2.7 billion Brookfield Americas Infrastructure Fund LP, which closed in 2010. To view Brookfield Infrastructure Debt Fund IIs complete limited partners history, request access, Youre viewing 5 of 281 funds. 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. These amounts will vary from year-to-year and are calculated in accordance with U.S. tax rules. Email:bip.enquiries@brookfield.com, Evolving to offer the best of both worlds. All rights reserved. Offering innovative, institutional-caliber investment expertise and solutions for the individual investor. Why havent I received a K-1? Sec. Why does the $CAD cash I received not equal the amount reflected on my T5013? Does Brookfield Infrastructure Partners generate UBTI? Current year results also benefited from a gain associated with the sale of our smart meter portfolio in the U.K. 1.1446(f)-4(b)(3)(ii)(A)(2). To read this full article you need to be subscribed to Newsline. Brookfield Asset Management Inc. is a global alternative asset manager with over US$175 . Brookfield Infrastructure Fund IV-A, L.P. Mailing Address: c/o Brookfield Asset Managemetn Inc. Brookfield Place 250 Vesey Street New York, New York 10281-023: . Infrastructure | Brookfield Infrastructure Overview Quick Links We are one of the world's largest infrastructure investors. Instead, Brookfield Infrastructure Partners receives various types of investment income, such as interest, dividends and return of capital, from subsidiary corporations that carry on business in various jurisdictions. Brookfield Infrastructure Partners L.P. does not have sufficient information to track the tax cost of units for each individual holder. The North American rail business is highly resilient with significant business segment diversification across 14 major commodity groups. Shareholder correspondence should be mailed to: 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). 5 Place du March A. Rousset. Receipt of a Schedule K-1 does not trigger a U.S. tax return filing obligation or indicate that one is required. 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. 462 South 4th Street, Suite 1600 Learn more about the launch of our publicly listed pure-play Alternative Asset Manager. 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. Inter Pipeline is a strategic long-haul pipeline network with interests in petrochemical facilities and bulk storage assets. 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. 2023 PitchBook. Consequently, holders of Brookfield Infrastructure Partners units are advised to consult their own tax advisors with respect to their particular circumstances. Why dont I receive the full distribution amount? Brookfield Infrastructure Partners is not a corporation or a trust. Click here to register, Not for publication, email or dissemination, AIMCo toasts conventional and renewable energy after 16.8% return, Driving sustainability: Bio-based innovations for roads, I Squared rainmaker Andreas Moon resigns exclusive, Q1 fundraising its not closing time yet, Whats the benefit to us? Alaska Permanent Fund questions GPs clubbing on deals, OMERS global infra chief Annesley Wallace to depart. There may be minor differences due to exchange rates. Altitude : 350 m. Cliquez pour afficher le (s) numro (s) 04 94 90 88 . Is this special distribution taxable for U.S. federal income tax purposes? Get the full list, Morningstar Institutional Equity Research. As a result of the special distribution from Brookfield Infrastructure Partners L.P. in 2020, I received class A shares of Brookfield Infrastructure Corporation. Toute l'anne 2023. Is Brookfield Infrastructure Partners a Limited Partnership, Corporation or Trust? Organic growth for the year of 9% reflected the initial benefits of elevated inflation levels, the commissioning of nearly $900 million in new capital projects over the last year, and higher market-sensitive revenues driven primarily by increased demand for transportation services. 3233596, VAT No. 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. Issuer Size 6. 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. We own and operate assets across the transport, data, utilities and midstream sectors with a focus on cash flow stability and resilience. (Identifiant de l'offre: 4704427) Our highly contracted data transmission and storage businesses have also benefited from inflation indexation and higher rates across the portfolio. P.O. Find potential buyers without revealing your identity. 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. 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). Is this special distribution taxable for Canadian federal income tax purposes? Global:1-416-363-9491. The allocation of U.S. taxable income is communicated using Schedule K-1. This site uses cookies. The firm last filed a Form D notice of exempt offering of securities on 2013-10-07. Brookfield Asset Management has raised US$2.7bn (2.19bn) for its second infrastructure debt fund, according to a source close to the matter. Get the full list, To view Brookfield Infrastructure Fund IIs complete team members history, request access, Youre viewing 5 of 44 funds. 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 . Infrastructure Fund (the "Fund") For the period from February 25, 2022 (the performance launch date) to September 30, 2022 (the "Period") . Louisville, KY 40202, Toll-Free:(877) 243-3717 Brookfield Infrastructure Partners U.S. tax identification number (Employer Identification Number) is 98-0330282. Brookfield Infrastructure Partners does not have sufficient information to track the tax cost of units for each individual holder. Tel:416-956-5129 To explore Brookfield Infrastructure Debt Fund IIs full profile, request access. Except as required by law, Brookfield Infrastructure Corporation undertakes no obligation to publicly update or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise. 1.1446(f)-4(b)(3)(iii) as applicable. At present, these holdings companies are in Canada, US, or Bermuda, and we do not expect this to change for the foreseeable future. Inter Pipeline is a major petroleum transportation and natural gas liquids processing business based in Alberta, Canada. Offering innovative, institutional-caliber investment expertise and solutions for the individual investor. Hard copies of the annual and quarterly reports can be obtained free of charge upon request. Except as required by law, Brookfield Infrastructure undertakes no obligation to publicly update or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise. We foster alignment of interests with our investors by investing alongside them: over 30% of the capital under management across our private funds is our own, and we are typically the largest investor. 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. Click here. Please note that Brookfield Infrastructure Partners previous audited annual and unaudited quarterly reports have been filed on SEDAR and Edgar, and can also be found in the shareholders section of its website at www.brookfield.com/infrastructure. We invest in infrastructure assets that deliver essential goods and servicesfrom the movement of passengers and freight over toll roads and rail networks to the distribution of products through ports and pipelines, and much more. Don't have an account? 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. The net taxable income allocated is the sum of the various income and expenses. www.taxpackagesupport.com/brookfield. 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. What is my Adjusted Cost Basis? This is a formidable utility franchise in a highly sought-after jurisdiction. Brookfield Asset Management is a premier global alternative asset manager with $725 billion of assets under management across renewable power & transition, infrastructure, private equity, real estate, and credit & insurance solutions. The below charts are illustrative of the type of graphical data available to our clients and do not represent live data. Global: 1-416-363-9491. Brookfield Infrastructure Debt Fund II is an infrastructure debt fund managed by Brookfield Capital Partners. 150 Royall St., Suite 101 1.1446(f)-4(b)(3)(ii)(A)(2). Sign up here. Brookfield has collected more than $1.8 billion for its second infrastructure debt fund, a recent SEC filing shows. We are focused on assets that generate stable cash flows and require minimal maintenance capital expenditures. Please consult with your tax advisor on how the share split would impact your adjusted cost basis of your Brookfield Infrastructure Corporation shares. On Jun 13, 2022, there was a 3 for 2 share split in the shares of Brookfield Infrastructure Corporation. References to Brookfield Infrastructure are to the Partnership together with its subsidiaries and operating entities. Please check your spam or junk folder just in case. This information is available in the PitchBook Platform. Offering innovative, institutional-caliber investment expertise and solutions for the individual investor. 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. Beneficial Canadian unitholders (i.e., those holding their units in street name with their brokerage) should receive a T5013 from their Canadian broker. 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. I am a European resident. USA identifies the source of the income as United States. Funds From Operations (or FFO) of $1.7 billion for the year reflects a 19% increase compared to 2020. Depending upon the particular taxation year, the T5013 will report various sources of income and expenses in a number of boxes on the form. Please consult with your tax advisor on how the share split would impact your adjusted cost base of your Brookfield Infrastructure Corporation shares. Fund Investors. 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.
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