Brookfield Infrastructure Partners is not anticipated to generate UBTI and has not generated any in prior years. You should only be asked to sign in once. Typically, brokers will prepare and distribute the Form T5013 in late March. For all Brookfield Infrastructure Partners L.P. investor enquiries please call our Unitholder Enquiries Line: bip.enquiries@brookfield.com Our portfolio, grounded in 120 years of investment experience, provides diversified exposure to scarce, high-quality businesses with significant barriers to entry. The fund is located in New York, New York. 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. www.computershare.com/investor, Brookfield Infrastructure Sign in or Register Sign In / Register Database LP search GP search Fund search Investment Consultant search Placement Agent search The fund prefers to make impact investments in infrastructure. Is Brookfield Infrastructure Partners a Limited Partnership, Corporation or Trust? Computershare Infrastructure Fund (the "Fund") For the period from February 25, 2022 (the performance launch date) to September 30, 2022 (the "Period") . Previously issued notices can be found in the Qualified Notices section below. million electricity and natural gas connections, Here's What Can Provide Fillip to India's Infrastructure Privatisation Effort, Intel Signs $30 Billion Funding Partnership With Brookfield to Finance Chip-Factory Expansion, Brookfield Takes Impact Investing to the Infrastructure Mainstream, Critical First- and Last-Mile Rail Connections, A Leader in Data Center Infrastructure in Latin America, Connecting U.K. Homes to the Utility Grid, Owning and Operating Energy Infrastructure in Western Canada, An Integrated Logistics Provider in Brazil, A Leading Independent Communications Infrastructure Business, A Natural Gas Pipeline Accounting for More Than Half of Brazils Natural Gas Demand, Operating Large-Scale Container Terminals Out of Four Key Ports, Evolving to offer the best of both worlds. 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. Computershare Inter Pipeline is a strategic long-haul pipeline network with interests in petrochemical facilities and bulk storage assets. Brookfield Infrastructure Partners is required to use reasonable efforts to send a Schedule K-1 to all unitholders, including those who may not require it. The fund is based in Toronto, Canada and it invests in Canada. Brookfield Infrastructure is the flagship listed infrastructure company of Brookfield Asset Management, a global alternative asset manager with approximately $690 billion of assets under management. The income Brookfield Infrastructure Partners earns from underlying subsidiaries includes dividends and interest paid by subsidiaries in jurisdictions that levy withholding tax. Management uses funds from operations per unit (FFO per unit) as a key measure to evaluate operating performance. Is the UK government underestimating public outrage on sewage spills? Consolidated Statements of Operating Results, Brookfield Infrastructure Corporation At present, these holdings companies are either in Canada, US or Bermuda, and we do not expect this to change for the foreseeable future. A recording of the teleconference can be accessed at 1-855-859-2056 or +1-404-357-3406 (Conference ID: 7897200). BROOKFIELD INFRASTRUCTURE CORPORATION . 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. Investors can access its portfolio either through Brookfield Infrastructure Partners L.P. (NYSE: BIP; TSX: BIP.UN), a Bermuda-based limited partnership, or Brookfield Infrastructure Corporation (NYSE, TSX: BIPC), a Canadian corporation. PitchBook helps you see a funds investments based on target industry, year and deal typeso you can quickly understand its strategy at a glance. This price environment and record storage volumes following extraordinary performance in the first quarter of the year led to same-store growth of 43%. 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Inter Pipeline is a major petroleum transportation and natural gas liquids processing business based in Alberta, Canada. 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, 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 L.P. is expected to qualify as an "investment" partnership" so that the special distribution of class A shares of Brookfield Infrastructure Corporation to a U.S. unitholder who is an "eligible partner" qualifies as a non-taxable distribution of property. Brookfield Oaktree Wealth Solutions; News & Insights. The Forms 1099-INT and DIV prepared by your broker will include information on any foreign withholding taxes that were withheld by your broker so that you may claim them, if eligible, in your tax return as a credit and/or deduction. The future performance and prospects of Brookfield Infrastructure are subject to a number of known and unknown risks and uncertainties. For Australian income tax purposes, Brookfield Infrastructure Partners L.P. is treated as a corporation (i.e, not a "flow-through") and consequently distributions are expected to be unfranked dividends to Australian tax resident unitholders. A significant portion of Brookfield Infrastructure Partners income is Bermuda source dividend which is a fully taxable "ordinary dividend. Businesses that provide essential services and critical infrastructure to transmit and store data globally. I am a U.S. resident. BROOKFIELD, NEWS, Nov. 08, 2021 (GLOBE NEWSWIRE) -- Brookfield Asset Management (NYSE: BAM, TSX: BAM.A) today announced the closing of its growth fund, Brookfield Technology Partners II ("BTP II" or the "Fund"), with total equity commitments exceeding $500 million.. Brookfield Growth provides strategic capital to high-growth companies that operate at the intersection of technology and . 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). Am I subject to U.S. tax withholding under IRC Section 1446(f) on the disposition of Brookfield Infrastructure Partner units? Brookfield Asset Management closed its second global infrastructure debt fund, the $2.7 billion Brookfield Infrastructure Debt II, a spokeswoman confirmed in an email. At present, these holdings companies are either in Canada, US or Bermuda, and we do not expect this to change for the foreseeable future. Brookfield Infrastructure Fund III is a 2016 vintage infrastructure value added fund managed by Brookfield Asset Management. BMO Nesbitt Burns Inc., (ii) represents the business judgment of the Manager . Owning a unit of BIP LP does not provide you with a U.S. tax filing obligation. Homepage | Brookfield Infrastructure Partners Sign up to receive emails from IREI. Current year results also benefited from a gain associated with the sale of our smart meter portfolio in the U.K. Yes, the T5013 Form you receive should include all information that is required by law for you to e-file your Canadian personal tax return. North America: 1-866-989-0311 Who will send my Tax Form and when will I receive it (K-1)? Systems involved in the movement of freight, commodities and passengers. We have since achieved considerable growth through operational improvements and the addition of product lines. 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). Evolving to offer the best of both worlds. Brookfield Infrastructure Reports 2021 Year-End Results Is the distribution I am paid from Brookfield Infrastructure Partners subject to Withholding Tax? At present, these holdings companies are in Canada, US, or Bermuda, and we do not expect this to change for the foreseeable future. We cannot send a replacement form to a non-registered unitholder. These positive factors were partially offset by an increase infuture U.K. tax rates, which led to the recognition of a non-recurring deferred tax expense during the year. This step-change increase reflects the acquisition of IPL, which was completed in the fourth quarter. What is the tax nature of the income earned by Brookfield Infrastructure Partners?