brookfield infrastructure fund ii

Don't have an account? Box 43078 Brookfield Oaktree Wealth Solutions; News & Insights. Box 135 shows the country code for source of foreign income. Find potential buyers without revealing your identity. Altitude : 350 m. Cliquez pour afficher le (s) numro (s) 04 94 90 88 . Regulated or contracted businesses that earn a return on asset base. Can you send a replacement form? The Schedule K-1 is the U.S. equivalent of a Form T5013. Generally, our unitholders own their units in "nominee form" through brokers (also known as "beneficial" holders). Brookfield Infrastructure Corporation Further information is available at www.brookfield.com/infrastructure. PURPOSE OF THE CORPORATION . 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. 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. 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. Brookfield Infrastructure Partners is not a tax shelter and therefore does not have an applicable TS number. 1.1446(f)-4(b)(3)(ii)(A)(2). Read our policy. 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. For enquiries regarding unit transfers, changes of address, distribution cheques and lost unit certificates, please contact: Computershare References to the Partnership are to Brookfield Infrastructure Partners L.P. Brookfield Infrastructure Partners L.P. Offering innovative, institutional-caliber investment expertise and solutions for the individual investor. Consolidated Statements of Cash Flows, Brookfield Infrastructure Corporation The net taxable income allocated is the sum of the various income and expenses. Am I subject to U.S. tax withholding under IRC Section 1446(f) on the disposition of Brookfield Infrastructure Partner units? Brookfield Infrastructure Debt Fund II is focused on infrastructure debt, targeting mezzanine debt investments in high-quality core infrastructure assets primarily in North America, as well as in South America, Australia and Europe. 2023 PitchBook. Register now to read this article and more for free. Please check your spam or junk folder just in case. 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. Brookfield Infrastructure Partners Canadian tax identification number (Business Number) is 83812 9450 RZ0001. Brookfield has collected more than $1.8 billion for its second infrastructure debt fund, a recent SEC filing shows. 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. We are focused on assets that generate stable cash flows and require minimal maintenance capital expenditures. 685 1784 92. 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. Prior year results reflected an additional 12.5% ownership in our U.S. gas pipeline, which was sold in March. or any rule or regulation under any of these statutes, or (ii) the laws of the State in which the issuer maintains its . 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. BIPs letter to unitholders and supplemental information are available at www.brookfield.com/infrastructure. North America: 1-866-989-0311 Computershare 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. The filing notes that the amount raised includes separate accounts that invest alongside the fund and commitments from the sponsor that may be satisfied through or alongside the fund. What is Brookfield Infrastructure Partners Partnership ID Number? The fund is located in New York, New York. 2022 Schedule K-1 forms are now available through our Tax Package Information website: 2022 T5013 forms will be mailed by individual investor brokers when available. 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. Brookfield Infrastructure Partners L.P. is characterized as a corporate limited partnership for Australian income tax purposes. 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. Why dont I receive the full distribution amount? Please consult with your tax advisor on how the share split would impact your adjusted cost base of your Brookfield Infrastructure Corporation shares. Historically, our partnerships income has included Canadian and US source interest and dividends earned from subsidiaries that, when paid to a European unitholder, are subject to varying rates of U.S. and Canadian withholding taxes ranging from nil to 30%. 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. My tax software requires that I insert a six-digit Tax Shelter (TS) number. With our regulated distribution portfolio in the U.K., we built a formidable utility franchise in a highly sought-after jurisdiction. 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). Clos de Danjean. Please contact your broker directly with questions on this form. 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 Businesses that provide essential services and critical infrastructure to transmit and store data (). The T5013 form does not require us to report a NAICS code but it would seem some personal software tax programs ask for them. 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. General Information Description Brookfield Infrastructure Fund II is a 2013 vintage infrastructure core fund managed by Brookfield Asset Management. Am I subject to U.S. tax withholding under IRC Section 1446(f) on the disposition of Brookfield Infrastructure Partner units? 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. For Canadian residents, the tax cost of units is determined in Canadian dollars so all three components should be determined in Canadian dollars. Assets that handle the movement and storage of commodities from a source of supply to a demand center. 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. We generated a record $12.4 billion of total net incomecompared with $707 million in 2020. Brookfield Infrastructure Partners does not have sufficient information to track the tax cost of units for each individual holder. La population mtropolitaine est quipe pour effectuer le tri du verre, du papier et des emballages. As of 3/31/2023, the Morningstar Ratings were based on 233, 209, and 233 share classes for the 3-year, 5-year, and Overall periods, respectively. FFO excludes the earnings associated with the sale of various assets, which generated approximately $2 billion of net proceeds for Brookfield Infrastructure in 2021. Offering innovative, institutional-caliber investment expertise and solutions for the individual investor. Insights; Podcasts; Newsroom; Footer menu. Owning a unit of BIP LP does not provide you with a U.S. tax filing obligation. References to Brookfield Infrastructure are to the Partnership together with its subsidiaries and operating entities. Get the full list, Morningstar Institutional Equity Research. Payments from holding companies in Canada and Bermuda to a Canadian resident are not subject to withholding tax. 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. Annul ou ferm. 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. Our highly contracted data transmission and storage businesses have also benefited from inflation indexation and higher rates across the portfolio. What is the tax nature of the income earned by Brookfield Infrastructure Partners? 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. Fourth Quarter 2021 Results. Reg. This summary is of a general nature only and is not intended to be, nor should it be construed to be, legal or tax advice to any particular holder of Brookfield Infrastructure Partners units, and no representation with respect to the U.S., Canadian, Australian and European income tax consequences to any particular holder is made. 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. Reg. Brookfield Infrastructure Partners L.P. (Brookfield Infrastructure Partners) is a Bermuda based limited partnership that is treated as a partnership for Canadian tax purposes. Brookfield Infrastructure Partners is not a corporation or a trust. Results were supported by strong growth from our base business, the full recovery from shutdown-related effects experienced in 2020, and the significant contribution from over $3 billion deployed in growth initiatives. I am a U.S. resident. Last years results included our U.K. smart meter portfolio which was divested earlier this year. We cannot send a replacement form to a non-registered unitholder. 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. For all Brookfield Infrastructure Partners L.P. investor enquiries please call our Unitholder Enquiries Line: bip.enquiries@brookfield.com A lower-risk core infrastructure strategy should deliver a consistent cash yield with attractive risk-adjusted returnsregardless of economic cycles. We are required to use reasonable efforts to send a Schedule K-1 to all unitholders. Summit DigiTel is a portfolio of more than 150,000 communication towers that form the infrastructure backbone of Reliance Jios telecom business. 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. Our portfolio, grounded in 120 years of investment experience, provides diversified exposure to scarce, high-quality businesses with significant barriers to entry. Get started Learn more Already a member? Sec. Issuer Size 6. The same fair market value at the time of the special distribution of the class A shares received is your adjusted cost base. 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. Brookfield began marketing the fund in January. 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). 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. Sign in or Register Sign In / Register Database LP search GP search Fund search Investment Consultant search Placement Agent search 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. 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. To view Brookfield Infrastructure Debt Fund IIs complete limited partners history, request access, Youre viewing 5 of 281 funds. The Schedule K-1 is the U.S. equivalent of a Form T5013. Reg. Alternatively, Canadian unitholders can find information about the amount of taxes withheld on their monthly/annual broker statements. There may be minor differences due to exchange rates. Sec. Brookfield Infrastructure Debt Fund II is an infrastructure debt fund managed by Brookfield Capital Partners. publication offers and more. If you believe you have received a Schedule K-1 in error, wish to correct the K-1 you have been issued, or have any other questions related to your K-1, please contact Tax Package Support at(866) 949-2771. There may be minor differences due to exchange rates. There could be a discrepancy in the FX rate used between the record and payment dates. 2016 Vintage USD 14,000m Size Buy and sell stakes in Brookfield Infrastructure Fund III Access a unique secondary deal flow. The conference call can be accessed via webcast on February 2, 2022 at 9:00 a.m. Eastern Time at https://edge.media-server.com/mmc/p/ro7wn5n6 or via teleconference at 1-866-688-9459 toll free in North America. The source said it had exceeded its US$1.75bn fundraising target and was more than three times larger than its debt fund, which closed with US$885m at the end of 2017. Brookfield Infrastructure Partners U.S. tax identification number (Employer Identification Number) is 98-0330282. Is Brookfield Infrastructure Partners eligible for Tax-Deferred Plans? Brookfield Asset Management has raised US$2.7bn (2.19bn) for its second infrastructure debt fund, according to a source close to the matter. Investors that own more than 5% of Brookfield Infrastructure Partners publicly traded units may be subject to FIRPTA taxation on a disposition of their units. Email:bip.enquiries@brookfield.com, Evolving to offer the best of both worlds.

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brookfield infrastructure fund ii