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Proposed onshore, closed-ended structure could compete with the likes of Luxembourg RAIF, RoundShield European Special Opportunities Fund V expects 800m target and 950m hard cap. Brookfield Infrastructure Fund III is a closed private equity fund managed by Brookfield Infrastructure Partners . Get limited access to our industry news, analysis and data, plus regular email updates. Oaktree Real Estate Opportunities Fund IX seeks to raise $6bn. 3233596, VAT No. 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. My tax software requires that I insert a six-digit Tax Shelter (TS) number. 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: . The statutory filing/mailing requirement for Form T5013 is the end of March. The funds predecessor, Brookfield Infrastructure Debt Fund, raised $885 million and closed, Glossary, videos, podcasts, research in the Resource Center. Prior year results included approximately $25 million of additional earnings associated with the partial disposition of our Australian export terminal and Chilean toll road operation completed in the last 12 months. Our Australian Ports Terminal portfolio contains irreplaceable assets, including two fully automated terminals in Brisbane and Sydney. Computershare What is the tax nature of the income earned by Brookfield Infrastructure Partners? If you are a beneficial Canadian resident unitholder and did not receive your Form T5013, please contact the brokerage firm with whom your units are held. I owned units of Brookfield Infrastructure Partners L.P. prior to the formation of Brookfield Infrastructure Corporation. Infrastructure Fund (the "Fund") For the period from February 25, 2022 (the performance launch date) to September 30, 2022 (the "Period") . Brookfield Infrastructures Letter to Unitholders and Supplemental Information are available at www.brookfield.com/infrastructure. If you do not receive a K-1 and require one, please contact Tax Package Support at (866) 949-2771 orwww.taxpackagesupport.com/brookfieldand they will assist you. Please consult with your tax advisor on how the share split would impact your adjusted cost base of your Brookfield Infrastructure Corporation shares. Annul ou ferm. 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Why does the $CAD cash I received not equal the amount reflected on my T5013? If you have elected to receive distribution in CAD, there will be a record date and a payment date. USA identifies the source of the income as United States. In addition to carefully considering the disclosure made in this news release in its entirety, shareholders are strongly encouraged to carefully review BIPs letter to unitholders, supplemental information and its other continuous disclosure filings. These positive impacts were partially offset by an increase in the future U.K. tax rate which resulted in higher deferred tax expense of approximately $55million compared to the prior year. Please check your spam or junk folder just in case. While Brookfield Infrastructure Partners is a Bermuda partnership, its income comes from holding companies the partnership owns. Sec. Officer of Brookfield Infrastructure Fund III GP LLC, the General Partner 4. For Canadian residents, the tax cost of units is determined in Canadian dollars so all three components should be determined in Canadian dollars. We own and operate assets across the transport, data, utilities and midstream sectors with a focus on cash flow stability and resilience. Last years results included our U.K. smart meter portfolio which was divested earlier this year. Annual Reports & Prospectus | Brookfield Infrastructure Partners Brookfield Infrastructure Partners L.P. does not have sufficient information to track the tax cost of units for each individual holder. Brookfield Infrastructure Partners is not considered a PFIC or CFC for U.S. tax purposes. This is a formidable utility franchise in a highly sought-after jurisdiction. BIPs letter to unitholders and supplemental information are available at www.brookfield.com/infrastructure. 2016 Vintage USD 14,000m Size Buy and sell stakes in Brookfield Infrastructure Fund III Access a unique secondary deal flow. On Jun 13, 2022, there was a 3 for 2 share split in the shares of 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. Get the full list, To view Brookfield Infrastructure Fund IIs complete team members history, request access, Youre viewing 5 of 44 funds. Sec. Brookfield closes second debt fund on $2.7bn | Infrastructure Investor Receipt of a Schedule K-1 does not trigger a U.S. tax return filing obligation or indicate that one is required. Learn more about the launch of our publicly listed pure-play Alternative Asset Manager. Brookfield Infrastructure Partners is not a corporation or a trust. 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. Reg. The income Brookfield Infrastructure Partners earns from underlying subsidiaries includes dividends and interest paid by subsidiaries in jurisdictions that levy withholding tax. Who applies the withholding tax? Consequently, holders of Brookfield Infrastructure Partners units are advised to consult their own tax advisors with respect to their particular circumstances. Tax Information | Brookfield Infrastructure Partners If you are aregisteredCanadian resident holder and did not receive your Form T5013 for the previous taxation year please contact (866) 949-2771 or at Genesee & Wyoming is a leading short haul operator with a network of over 22,000 km of track across the U.K. and North America. Sec. Brookfield has over a 100-year history of owning and operating assets with a focus on property, renewable power, infrastructure and private equity. Mis jour le 15 mai 2020 09:56. par Mairie de Signes. Hard copies of the annual and quarterly reports can be obtained free of charge upon request. Global: 1-416-363-9491. Unitholders are obligated to accurately compute the tax cost of their Brookfield Infrastructure Partners L.P. units. My tax software requires that I insert a North American Industry Classification System (NAICS) code. 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). The firm last filed a Form D notice of exempt offering of securities on 2013-10-07. 2021 was a remarkable year for Brookfield Infrastructure, highlighted by our strong organic growth, capital recycling accomplishments, and the deployment of significant capital into new investments and other growth initiatives, said Sam Pollock, Chief Executive Officer of Brookfield Infrastructure. 2023 PitchBook. Ouvert Tous les jours. 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). Consequently, the brokers are responsible for withholding taxes as only they possess the requisite information about the unitholder that is necessary to calculate the appropriate amount to withhold as is typical for publicly traded securities. BOX 505000 Since Brookfield Infrastructure Partners is a "flow-through" for U.S. and Canadian income tax purposes, a portion of the income may be subject to withholding taxes levied by jurisdictions such as the U.S. and Canada. Brookfield Infrastructure Partners is not anticipated to generate UBTI and has not generated any in prior years. If your tax software requires this number to proceed with your filing, please contact customer support for the tax preparation software that you are using and they may be able to assist you. Who applies the withholding tax? 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. Payments from holding companies in Canada to a US resident such as dividends may be subject to withholding taxes. 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. NTSs high-quality pipeline covers more than 2,000 kilometers, crossing the densely populated states of So Paulo, Rio de Janeiro and Minas Gerais. Although Brookfield Infrastructure believes that these forward-looking statements and information are based upon reasonable assumptions and expectations, the reader should not place undue reliance on them, or any other forward-looking statements or information in this news release. 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. The data segmentgenerated FFO of $238 million in 2021, an increase of 21%. Brookfield Infrastructure Debt Fund II is an infrastructure debt fund managed by Brookfield Capital Partners. An fundraising target was not disclosed. 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. 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. Computershare Is this special distribution taxable for Canadian federal income tax purposes? A lower-risk core infrastructure strategy should deliver a consistent cash yield with attractive risk-adjusted returnsregardless of economic cycles. Offering innovative, institutional-caliber investment expertise and solutions for the individual investor. 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. Cliquez pour afficher le (s) numro (s) 06 68 96 30 . Consolidated Statements of Financial Position, Brookfield Infrastructure Corporation Beneficial Canadian unitholders (i.e., those holding their units in street name with their brokerage) should receive a T5013 from their Canadian broker. For enquiries regarding unit transfers, changes of address, distribution cheques and lost unit certificates, please contact: Computershare 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. Brookfield Infrastructure Partners U.S. tax identification number (Employer Identification Number) is 98-0330282. North America: 1-866-989-0311 1.1446(f)-4(b)(3)(ii)(A)(2). We begin this year with a strong liquidity position and half of our 2022 deployment target already secured.. The regular quarterly dividends on the Cumulative Class A Preferred Limited Partnership Units, Series 1, Series 3, Series 7, Series 9, Series 11, Series 13 and Series 14 have also been declared, as well as the dividend for BIP Investment Corporation Senior Preferred Shares, Series 1. Brookfield Infrastructure Partners is not a tax shelter and therefore does not have an applicable TS number. 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. 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. 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). VLI transports millions of tons of agricultural products and steel products that are critical to the Brazilian economy. Brookfield Infrastructure Partners has issued qualified notices in accordance with Treas. 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). References to the Partnership are to Brookfield Infrastructure Partners L.P. Brookfield Infrastructure Partners L.P. BIF II in $7bn final close - Infrastructure Investor 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. A filing with the Securities Exchange Commission shows that Brookfield Infrastructure Debt Fund II has closed. 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. 1.1446(f)-4(b)(3)(ii)(A)(2). 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. The firm has already begun marketing the fund, which may exceed the . Our business generated FFO of $436million for the year, representing a 9% increase compared to the prior year. The capital was raised in less than 14 months and the fund has already committed capital to four seed assets. Brookfield Infrastructure Corporation Reports As Brookfield Infrastructure Partners L.P. is treated as a corporation its distributions will be fully taxable and do not affect the tax cost of a Brookfield Infrastructure Partners L.P. unit. To date, 28 investors have committed capital to the fund. What is the tax cost of my units? Connatre le jour et les horaires o vos poubelles sont collectes dans votre commune. Getty Images/iStockphoto. Brookfield Infrastructure Fund III Profile: Returns & Limited Partners What Tax Form will I receive as a Canadian Unitholder? 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. Tel:416-956-5129 After the end of Brookfield Infrastructure Partners' taxation year (December 31), the U.S. 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. Why dont I receive the full distribution amount? General Information Description Brookfield Infrastructure Fund II is a 2013 vintage infrastructure core fund managed by Brookfield Asset Management. Are units considered foreign property for the purposes of the Canada Revenue Agency T-1135 Form Foreign Income Verification Statement? The fund prefers to make impact investments in infrastructure. Prior year results reflected an additional 12.5% ownership in our U.S. gas pipeline, which was sold in March. Our highly contracted data transmission and storage businesses have also benefited from inflation indexation and higher rates across the portfolio. No, Brookfield Infrastructure Partners has not and is not expected to generate effectively connected income (ECI) or commercial activity income (on a global basis). Previously issued notices can be found in the Qualified Notices section below. Canton, MA 02021, Toll-Free:(877) 243-3717 What is Brookfield Infrastructure Partners TS number? Regulatory Filings | Brookfield Infrastructure Partners Offering innovative, institutional-caliber investment expertise and solutions for the individual investor. 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. In limited cases the information provided to us may be incomplete and/or inaccurate. 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. Brookfield Asset Management Inc. is a global alternative asset manager with over US$175 . BMO Brookfield Global Renewables Infrastructure Fund second quarter of 2022. 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. www.taxpackagesupport.com/brookfield. X Yes No 9. Further information is available at www.brookfield.com/infrastructure. Brookfield Oaktree Wealth Solutions; News & Insights. At present, these holdings companies are either in Canada, US or Bermuda, and we do not expect this to change for the foreseeable future.