Digging deeper into the Brookfield Infrastructure unit split [Toronto Globe and Mail (Ontario, Canada)]
Brookfield Infrastructure Partners LP Class A Subordinate Voting Shares (BIPC)
Company Research
Source: Toronto Globe and Mail
Digging deeper into the Brookfield Infrastructure unit split I read your column last week about Brookfield Infrastructure Partners LP’s (BIP.UN) unit split to create Brookfield Infrastructure Corp. (BIPC). Can you explain the tax consequences? First, a quick recap: Effective March 31, BIP.UN unitholders received one share of BIPC for every nine units of BIP.UN held. BIP.UN investors – who will continue to own the same number of BIP.UN units as before, in addition to the new BIPC shares – will also receive a small amount of cash in lieu of any fractional BIPC shares to which they are entitled. The unit split, or special distribution, is not taxable. However, for BIP.UN investors who hold their units in a non-registered account, the adjusted cost base (ACB) of their BIP.UN units should be reduced by an amount equivalent to the fair market value of the new BIPC shares and any cash received. The ACB must be reduced in order to properly calculate the capital gain for tax purposes
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News
- 1 Magnificent Canadian Dividend Stock Down 11% to Buy and Hold for Decades [Yahoo! Finance Canada]Yahoo! Finance Canada
- Brookfield Infrastructure (NYSE:BIPC) had its "sell (d-)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Brookfield Infrastructure price target raised to $53 from $50 at Morgan Stanley [Yahoo! Finance]Yahoo! Finance
- Brookfield Infrastructure (NYSE:BIPC) was given a new $53.00 price target on by analysts at Morgan Stanley.MarketBeat
- Brookfield Infrastructure (NYSE:BIPC) had its "sell (d-)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
BIPC
Sec Filings
- 11/28/25 - Form 6-K
- 11/20/25 - Form 424B5
- 11/14/25 - Form 6-K
- BIPC's page on the SEC website