brookfield infrastructure fund ii
The funds predecessor, Brookfield Infrastructure Debt Fund, raised $885 million and closed, Glossary, videos, podcasts, research in the Resource Center. The net taxable income allocated is the sum of the various income and expenses. These amounts will vary from year-to-year and are calculated in accordance with U.S. tax rules. (Identifiant de l'offre: 4704427) 1.1446(f)-4(b)(3)(iii) as applicable. Current year results also benefited from a gain associated with the sale of our smart meter portfolio in the U.K. Shareholder correspondence should be mailed to: With our regulated distribution portfolio in the U.K., we built a formidable utility franchise in a highly sought-after jurisdiction. 1. 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. Please check your spam or junk folder just in case. 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. Brookfield Infrastructure Partners has issued qualified notices in accordance with Treas. 2021 results also reflect the acquisition of an additional interest in our Brazilian regulated gas transmission operation completed in April. Am I subject to U.S. tax withholding under IRC Section 1446(f) on the disposition of Brookfield Infrastructure Partner units? 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. The source of funds for the distributions will also affect how much if any of the distributions are subject to withholding tax. Brookfield Infrastructure Partners Canadian tax identification number (Business Number) is 83812 9450 RZ0001. Brookfield Infrastructure Partners does not have sufficient information to track the tax cost of units for each individual holder. Get limited access to our industry news, analysis and data, plus regular email updates. Brookfield Infrastructures Letter to Unitholders and Supplemental Information are available at www.brookfield.com/infrastructure. Brookfield Infrastructure Fund III is a closed private equity fund managed by Brookfield Infrastructure Partners . 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. We own and operate assets across the transport, data, utilities and midstream sectors with a focus on cash flow stability and resilience. 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. Can I E-File my tax return? 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. 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. The North American rail business is highly resilient with significant business segment diversification across 14 major commodity groups. 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. Youll receive updates on upcoming events, special A lower-risk core infrastructure strategy should deliver a consistent cash yield with attractive risk-adjusted returnsregardless of economic cycles. Consolidated Statements of Operating Results, Brookfield Infrastructure Corporation 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. Brookfield Infrastructure Partners L.P. will not be issuing any Australian tax forms. Brookfield Infrastructure Partners does not have a Quebec number because it is non-resident of Quebec. 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). Payments from holding companies in Canada and Bermuda to a Canadian resident are not subject to withholding tax. 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. This is a profile preview from the PitchBook Platform. Payments from holding companies in the US to a Canadian resident such as dividends may be subject to withholding taxes. Get the full list, Morningstar Institutional Equity Research. Brookfield Infrastructure Partners has issued qualified notices in accordance with Treas. The fund prefers to make impact investments in infrastructure. Get the full list, Morningstar Institutional Equity Research. Conference Call and Quarterly Earnings Details. This broadly means Brookfield Infrastructure Partners L.P. is treated as a company for Australian income tax purposes. Brookfield Infrastructure Partners is a publicly traded partnership that does not earn active business income. 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. 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. The statutory filing/mailing requirement for Form T5013 is the end of March. There could be a discrepancy in the FX rate used between the record and payment dates. Can I E-File my tax return? Last week, rival firm Global Infrastructure Partners announced it had raised U$2.8bn for two infrastructure debt funds. Owning a unit of BIP LP does not provide you with a U.S. tax filing obligation. Am I subject to U.S. tax withholding under IRC Section 1446(f) on the disposition of Brookfield Infrastructure Partner units? Consolidated Statements of Financial Position, Brookfield Infrastructure Partners L.P. Brookfield Infrastructure Partners is a Bermuda based limited partnership that is treated as a partnership for U.S. tax purposes. 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. Sec. This site uses cookies. The special distribution should not be taxable to a Canadian resident shareholder for Canadian income tax purposes provided the adjusted cost base of the Brookfield Infrastructure Partners L.P. units held by the Canadian resident holder is positive after the special distribution. To view Brookfield Infrastructure Debt Fund IIs complete limited partners history, request access, Youre viewing 5 of 281 funds. In limited cases the information provided to us may be incomplete and/or inaccurate. 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: . RegisteredCanadian unitholders will receive a T5013 directly from Brookfield Infrastructure Partners. www.computershare.com/investor, Brookfield Infrastructure 1.1446(f)-4(b)(3)(ii)(A)(2). 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. Shareholder correspondence should be mailed to: If you are a U.S. unitholder and did not receive your Schedule K-1 for the previous taxation year please contact us at (866) 949-2771 or atwww.taxpackagesupport.com/brookfield. 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. 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. Priodes d'ouverture. Learn more about the launch of our publicly listed pure-play Alternative Asset Manager. Brookfield Asset Management is seeking to raise $25 billion for its fifth flagship infrastructure fund, its largest on record. The Baron Real Estate Income Fund received 4 . Brookfield Infrastructure Fund III is a 2016 vintage infrastructure value added fund managed by Brookfield Asset Management. NTSs high-quality pipeline covers more than 2,000 kilometers, crossing the densely populated states of So Paulo, Rio de Janeiro and Minas Gerais. BOX 505000 Is the distribution I am paid from Brookfield Infrastructure Partners subject to Withholding Tax? 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. Brookfield Infrastructure Partners is a publicly traded partnership that does not earn active business income. The filing was for a pooled investment fund: private equity fund The notice included securities offered of Equity,Pooled Investment Fund Interests Typically, brokers will prepare and distribute the Form T5013 in late March. USA identifies the source of the income as United States. Type of Filing 8. 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 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. Offering innovative, institutional-caliber investment expertise and solutions for the individual investor. For all Brookfield Infrastructure Partners L.P. investor enquiries please call our Unitholder Enquiries Line: bip.enquiries@brookfield.com Is the distribution I am paid from Brookfield Infrastructure Partners subject to Withholding Tax? The fund is located in Toronto, Canada and will invest in North and South America, Europe and Australasia. 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. Brookfield Oaktree Wealth Solutions; News & Insights. 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. To read this full article you need to be subscribed to Newsline. 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. Consolidated Statements of Cash Flows, Brookfield Infrastructure Partners L.P. 83870 Signes. 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 anticipated to generate UBTI and has not generated any in prior years. 1.1446(f)-4(b)(3)(iii) as applicable. 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. Sign in or Register Sign In / Register Database LP search GP search Fund search Investment Consultant search Placement Agent search A recording of the teleconference can be accessed at 1-855-859-2056 or +1-404-357-3406 (Conference ID: 7897200). 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. 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. 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. publication offers and more. Please consult with your tax advisor on how the share split would impact your adjusted cost basis of your Brookfield Infrastructure Corporation shares. This information is available in the PitchBook Platform. 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. Basic and diluted earnings per unit attributable to: Earnings from investments in associates and joint ventures, net of distributions received, Mark-to-market on hedging items, provisions and other, Net settlements of foreign exchange contracts, Distributions to limited and general partners, Net capital provided (to) by non-controlling interest and other, Share of losses (earnings) from investments in associates and joint ventures, FFO contribution from investments in associates and joint ventures, FFO attributable to non-controlling interests, Loans payable to Brookfield Infrastructure, Equity in net assets attributable to the Partnership, Remeasurement of exchangeable and class B shares, Mark-to-market and other (expense) income, Mark-to-market on hedging items and other, Disposal of subsidiaries, net of cash disposed, Purchase of long-lived assets, net of disposals, Settlement of foreign exchange hedging items, Capital provided to non-controlling interest, Proceeds from borrowings, net of repayments, Mark-to-market on hedging items and foreign currency revaluation, Dividends classified as interest expense and interest expense on intercompany loans.
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