Do as you wish with the following advice, but I am simply telling you what I personally do with that paper piece of shit! Of first of all, you need to know that this 2018 Brookfield Infrastructure Partners L.P. ("BIP") U.S. Tax Package is being sent from directly from a tax heaven paradise: Bermuda!
And here is the complete address:
Brookfield Infrastructure Partners L.P.
73 Front Street, 5th Floor
Hamilton, HM 12, Bermuda
And here it what it's looking like. It's not looking like there's a 5th floor to any of the building that is closed by. And I cannot see the 73 Front Steet. At 73 Front Street in Hamilton, Bermuda, we don't have anything related to Brookfield Infrastructure Partners L.P., but we have a nice bike store, Winners Edge Bike Shop. And on the other side of the street, you can see a super huge cruise ship. It's part of the reason why I am not taking that 2018 Brookfield Infrastructure Partners L.P. ("BIP") U.S. Tax Package seriously.
Secondly, I am a Canadian, not a US citizen, fuck US. I won't provide any information on myself to the US, that's for sure.
Third, this 2018 Brookfield Infrastructure Partners L.P. ("BIP") U.S. Tax Package had been send through the regular mail. I didn't sign something to received this letter. Nothing proof that I had received it or not so guess what, I had decided that I didn't receive it (I know, I am a really bad girl). Sorry, I didn't know. I never received the 2018 Brookfield Infrastructure Partners L.P. ("BIP") U.S. Tax Package. I never heard or read anywhere about that 2018 Brookfield Infrastructure Partners L.P. ("BIP") U.S. Tax Package. I know f off about it! ;-) Lie, lie, lie.
Fourth, on the first page in bold, I have the following:
Non U.S. resident unitholders may not require the U.S. Tax Package.
Ok, well, you know what? I am not a U.S resident (thank God!), and I decided that I do not require the U.S. Tax Package. It's all I have to say about the 2018 Brookfield Infrastructure Partners L.P. ("BIP") U.S. Tax Package.
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2 comments:
I got something similar a week ago, not for BIP but another US REIT. It caught me off guard, I had already sent all my papers in to my accountant to file taxes. Usually this kind of thing comes through TD (my online broker). It had been in my RRSP, I had already sold it last year, hardly remembered owning it. The letter that came with it seemed vague, so like you, I decided it didn't apply to me. You make a good point, was sent regular mail, can always claim it never arrived,
Im glad you mention it, this is something new to me.
I've received many of these tax packages this year.
I suspect either 1) something is wrong at TD 2) something changed in the law in the US and they are forced to send it to non-resident. I'd need to call to check, but I'm lazy.
The US government knows already about all the trades you've made on US exchanges, and all the US dividends you got. All of that is reported to them. And they received electronic copies of these tax forms. You will see in your accounts that US tax has already been withheld on dividends, by the company in the US that manages that. If your broker identified you as a non US citizen, the tax is lower (15% vs 30%)
Normally we tell the US government we're not US resident by filing the W8Ben with our Canadian broker
https://www.freshbooks.com/blog/w-8ben-form-canada-tax
if too much US taxes were withdrawn from you, you can use the forms they send you to claim it back from the US. For us Canadian, the tax package is not about reporting to the US or paying taxes to US. We've already paid the tax automatically.
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