brookfield infrastructure fund ii

We are not always able to acquire information for all unitholders and accordingly some unitholders may not receive a Schedule K-1 for a particular year despite our best efforts to do so. There may be minor differences due to exchange rates. Who applies the withholding tax? 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. 3233596, VAT No. In 2009, as part of the restructuring of Babcock & Brown Infrastructure, we acquired a regulated U.K. distribution business connecting homes to the main utility grid. Brookfield Infrastructure Partners L.P. is characterized as a corporate limited partnership for Australian income tax purposes. 1. A filing with the Securities Exchange Commission shows that Brookfield Infrastructure Debt Fund II has closed. The firm last filed a Form D notice of exempt offering of securities on 2013-10-07. 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. General Information Description Brookfield Infrastructure Fund II is a 2013 vintage infrastructure core fund managed by Brookfield Asset Management. FFO excludes the earnings associated with the sale of various assets, which generated approximately $2 billion of net proceeds for Brookfield Infrastructure in 2021. For Canadian residents, the tax cost of units is determined in Canadian dollars so all three components should be determined in Canadian dollars. 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. 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. 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. 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). 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 . Shareholder correspondence should be mailed to: Generally, our unitholders own their units in nominee form through brokers (also known as beneficial holders). PitchBook helps you see a funds investments based on target industry, year and deal typeso you can quickly understand its strategy at a glance. Get the full list, Morningstar Institutional Equity Research. Contact Information Fund Manager Brookfield Capital Partners Fund Category Private Debt The allocation of Canadian taxable income is communicated using Form T5013 (not a Form T5). Is Brookfield Infrastructure Partners eligible for Tax-Deferred Plans? Sec. Infrastructure | Brookfield Infrastructure Overview Quick Links We are one of the world's largest infrastructure investors. Management uses funds from operations per unit (FFO per unit) as a key measure to evaluate operating performance. Brookfield Infrastructure Partners L.P. will not be issuing any Australian tax forms. Brookfield has collected more than $1.8 billion for its second infrastructure debt fund, a recent SEC filing shows. What does box 135 signify? Brookfield closes second debt fund on $2.7bn | Infrastructure Investor The Canadian firm has already made four seed investments from BID II, which it raised in a little over a year. Computershare Connatre le jour et les horaires o vos poubelles sont collectes dans votre commune. For all Brookfield Infrastructure Partners L.P. investor enquiries please call our Unitholder Enquiries Line: bip.enquiries@brookfield.com. Can you send a replacement form? For Canadian 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 of all income and expenses reported on Form T5013, minus the cash distributions received. In an inflationary environment, backbone real assets, private credit and transition-focused investments are where you want to be invested. Brookfield Infrastructure Partners uses the CDS Innovations facility to provide information to Canadian brokers on or before the end of February following the end of each taxation year so that they can produce T5013 Forms. Last years results included our U.K. smart meter portfolio which was divested earlier this year. Reg. Is Brookfield Infrastructure Partners considered Passive Foreign Investment Company (PFIC) or Controlled Foreign Corporation (CFC)? Brookfield Infrastructure Fund III is a 2016 vintage infrastructure value added fund managed by Brookfield Asset Management. What is my Adjusted Cost Basis? 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 is a "flow through" entity for US income tax purposes, and its income comes from holding companies the partnership owns. BROOKFIELD INFRASTRUCTURE CORPORATION . Brookfield Infrastructure Partners is a Bermuda based limited partnership. Receipt of a Schedule K-1 does not trigger a U.S. tax return filing obligation or indicate that one is required. Computershare For all Brookfield Infrastructure Partners L.P. investor enquiries please call our Unitholder Enquiries Line: bip.enquiries@brookfield.com Further information is available at www.brookfield.com/infrastructure. Offering innovative, institutional-caliber investment expertise and solutions for the individual investor. What Tax Form will I receive as a Canadian Unitholder? 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: . Businesses that provide essential services and critical infrastructure to transmit and store data globally. La population mtropolitaine est quipe pour effectuer le tri du verre, du papier et des emballages. Brookfield Perspectives is a podcast exploring how we invest in the backbone of the global economy. Learn more about the launch of our publicly listed pure-play Alternative Asset Manager. Unitholders are obligated to accurately compute the tax cost of their Brookfield Infrastructure Partners L.P. units. Instead, Brookfield Infrastructure Partners receives various types of passive investment income, such as interest, dividends and return of capital, from subsidiary corporations that carry on business in various jurisdictions. Our portfolio, grounded in 120 years of investment experience, provides diversified exposure to scarce, high-quality businesses with significant barriers to entry. No. Our transport segment is a significant beneficiary of the robust economic recovery occurring in most of our investment markets. P.O. Get the full list, Morningstar Institutional Equity Research. This distribution represents a 6% increase compared to the prior year. P.O. Summit DigiTel is a portfolio of more than 150,000 communication towers that form the infrastructure backbone of Reliance Jios telecom business. Louisville, KY 40233, Overnight correspondence should be mailed to: 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. Sec. At present, these holdings companies are in Canada, US, or Bermuda, and we do not expect this to change for the foreseeable future. Current year results also reflect elevated commodity prices across our existing businesses. OPERATIONAL TELECOM TOWERS AND ACTIVE ROOFTOP SITES. 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. 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. 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 . The future performance and prospects of Brookfield Infrastructure are subject to a number of known and unknown risks and uncertainties. Youll receive updates on upcoming events, special Please check your spam or junk folder just in case. Brookfield Infrastructure Partners has issued qualified notices in accordance with Treas. Cliquez pour afficher le (s) numro (s) 06 68 96 30 . What is the tax nature of the income earned by Brookfield Infrastructure Partners? Learn more about the launch of our publicly listed pure-play Alternative Asset Manager. This is a formidable utility franchise in a highly sought-after jurisdiction. Fourth Quarter 2021 Results. The fund is located in Toronto, Canada and will invest in North and South America, Europe and Australasia. For enquiries regarding unit transfers, changes of address, distribution cheques and lost unit certificates, please contact: Computershare FFO growth on a same-store basis was 11%. 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 Partners does not have a Quebec number because it is non-resident of Quebec. Why did I receive a Schedule K-1? Box 171 on the T5013 tax slip should show the foreign taxes withheld. Systems involved in the movement of freight, commodities and passengers. The words will, target, future, growth, expect, believe, may, 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 anticipated to generate UBTI and has not generated any in prior years. Reg. FFO for the transport segment was $701 million, an improvement of nearly 20% compared with the prior year. 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 Canada Revenue Agency ("CRA") form (Form NR301, NR302, and NR303). 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. Infrastructure Investor 100 Global Investor 50 2022 LP Perspectives 2023 Fundraising Direct Investment Regulation Debt Transport ESG Europe Asia-Pacific News & Analysis Fundraising Investors Deals People Rankings & Reports Rankings Infrastructure Debt 30 Infrastructure Investor 100 Global Investor 50 Global Investor 50: 2021 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 Partners is not considered a PFIC or CFC for U.S. tax purposes. Brookfield Asset Management is seeking to raise $25 billion for its fifth flagship infrastructure fund, its largest on record. 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. 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. This distribution represents a 6% increase compared to the prior year. Sign up to receive emails from IREI. Why havent I received a K-1? Get limited access to our industry news, analysis and data, plus regular email updates. 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. 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). For all Brookfield Infrastructure Partners L.P. investor enquiries please call our Unitholder Enquiries Line: bip.enquiries@brookfield.com North America: 1-866-989-0311 Global: . Duration of Offering Does the Issuer intend this offering to last more than one year? Previously issued notices can be found in the Qualified Notices section below. The source of funds for the distributions will also affect how much, if any, of the distributions are subject to withholding tax. Registered Office: 1 Kentish Buildings, 125 Borough High Street, London SE1 1NP, Germany eases tax on Spezialfonds investing in renewables, Ivanho Cambridge, Belfius, Belgiums SWF back co-living firm Cohabs, Patrizia Infrastructure acquires Italian bio-LNG producer Biomet, Longpoint grocery-anchored shopping centre fund beats fundraising target, NYSCRF adds $425m to emerging manager programme, Alaska Permanent Fund to invest up to $360m in US multifamily projects, Interview: Stefan Mchler, Swiss Life Asset Managers, Top 150 Real Estate Investment Managers 2022, Top 100 Infrastructure Investors 2022: Survey, UK government consults on creation of reserved investor fund, RoundShield raises initial $750m for asset-backed distressed opportunities fund, New Mexico SIC places $150m into Oaktree opportunistic real estate fund, Railpen adds Coral Park Trading Estate to Cambridge portfolio, New Jersey DOI plans to put $250m in real estate emerging manager programme, Blackstone sells $800m logistics portfolio in Japan to GIC. 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. Brookfield Infrastructure Partners L.P. is one of the largest owners and operators of critical global infrastructure networks which facilitate the movement and storage of energy, water, freight, passengers and data. Only logged in subscribers of this site will be able to access the shared article. Brookfield Infrastructure Partners Canadian tax identification number (Business Number) is 83812 9450 RZ0001. 150 Royall St., Suite 101 The Schedule K-1 is the U.S. equivalent of a Form T5013. What is Brookfield Infrastructure Partners Quebec Tax ID Number? 1.1446(f)-4(b)(3)(iii) as applicable. 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 Infrastructure Partners does not have sufficient information to track the tax cost of units for each individual holder. We believe economic equivalence is achieved through identical dividends and distributions on the Shares and BIPs units and each Share being exchangeable at the option of the holder for one BIP unit at any time. USA identifies the source of the income as United States. 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. This site uses cookies. BIPC reported a net loss attributable to the partnership of $368 million compared to $552 million in the prior year. Typically, brokers will prepare and distribute the Form T5013 in late March. What Tax Form will I receive as a U.S. Unitholder? Get started Learn more Already a member? What is Brookfield Infrastructure Partners TS number? 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 Why did I receive a Schedule K-1? 1.1446(f)-4(b)(3)(ii)(A)(2). The initial basis tax basis in the class A shares received in the special distribution by a U.S. unitholder that qualifies as an eligible partner will equal the lesser of (i) Brookfield Infrastructure Partners L.P.'s adjusted tax basis in such class A shares immediately before the distribution of $35.748 per share and (ii) such U.S. unitholder's adjusted tax basis in its interest in Brookfield Infrastructure Partners L.P. reduced by the amount of any cash received in lieu of fractional class A shares pursuant to the special distribution. The net taxable income allocated is the sum of the various income and expenses. If your units are held in an IRA, you generally do not need to report the amounts on your K-1 and you should keep your K-1 for your records. An fundraising target was not disclosed. Reg. 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. 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. BOARD OF DIRECTORS CHARTER . We are focused on assets that generate stable cash flows and require minimal maintenance capital expenditures. We are focused on assets that generate stable cash flows and require minimal maintenance capital expenditures. I believe my K-1 is incorrect who should I contact to fix this? Sign in or Register Sign In / Register Database LP search GP search Fund search Investment Consultant search Placement Agent search Please consult with your tax advisor on how the share split would impact your adjusted cost base of your Brookfield Infrastructure Corporation shares. Offering innovative, institutional-caliber investment expertise and solutions for the individual investor. All rights reserved. Brookfield Infrastructures Letter to Unitholders and Supplemental Information are available at www.brookfield.com/infrastructure. On Jun 13, 2022, there was a 3 for 2 share split in the shares of Brookfield Infrastructure Corporation. Win whats next. 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).

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