- Inter Pipeline Ltd. (IPL)
- Brookfield Infrastructure Partners L.P. (BIP.UN)
- Brookfield Infrastructure Partners LP Limited Partnership Units (BIP)
- Brookfield Infrastructure Corporation Class A Exchangeable Subordinate Voting Shares (BIPC)
- Brookfield Infrastructure Corporation (BIPC)
Q: Hello friends,
I own IPL:CA in my RRSP account and, since I like BIP, I would like to continue with them.
As we know, the offer is $CAD 20 or 0.25 of a BIPC:CA share subject to proration.
However, there is a fairly large price differential between BIP:US/BIP.UN:CA and BIPC:US/BIPC:CA and I would like to take advantage of that.
My plan is to tender for cash and then buy BIP:US/BIP.UN:CA.
Is there any tax impact on holding BIP:US/BIP.UN:CA (a Bermuda LP) vs holding BIPC:US/BIPC:CA (a Canadian corp) in an RRSP account e.g. withheld taxes?
Does my plan make sense?
Thank you for your valuable advice.
I own IPL:CA in my RRSP account and, since I like BIP, I would like to continue with them.
As we know, the offer is $CAD 20 or 0.25 of a BIPC:CA share subject to proration.
However, there is a fairly large price differential between BIP:US/BIP.UN:CA and BIPC:US/BIPC:CA and I would like to take advantage of that.
My plan is to tender for cash and then buy BIP:US/BIP.UN:CA.
Is there any tax impact on holding BIP:US/BIP.UN:CA (a Bermuda LP) vs holding BIPC:US/BIPC:CA (a Canadian corp) in an RRSP account e.g. withheld taxes?
Does my plan make sense?
Thank you for your valuable advice.