Brookfield Renewable Partners Non Voting Units BEP

Alternate Symbol(s): T.BEP.P.R | T.BEP.UN | BRENF | T.BEP.P.G | T.BEP.P.M

Utilities Utilities - Independent Power Producers

Brookfield Renewable Partners L.P. is a Bermuda-based globally diversified, multi-technology, owner and operator of clean energy and sustainable solutions assets. The Company’s segments include hydroelectric, wind, utility-scale solar and distributed energy, and storage, which includes distributed generation and pumped storage, sustainable solutions, and corporate. Its sustainable solutions include renewable natural gas, carbon capture and storage, recycling, cogeneration biomass, nuclear services, and power transformation. It has approximately 33,000 megawatts of renewable power operating capacity and an approximately 155,000-megawatt development pipeline. The Company’s portfolio of sustainable solutions includes investment in businesses with an operating portfolio of 47 thousand metric tons per annum of carbon capture and storage, three million Metric Million British thermal units of agricultural renewable natural gas. It is also engaged in the nuclear service business.

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Brookfield Renewable Partners Non Voting Units > Comparison of the taxation of distributions...

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Comment by TJPatrol1on Aug 11, 2020 2:44pm

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Post# 31394094

RE:RE:RE:RE:RE:Comparison of the taxation of distributions...

leo101 wrote: hey sarge, here's what's even wierder, the shares that were in my account yesterday aren't there today. i called tdw and they are "investigating". i don't like what they did with the cash account. the bepc shares have a book value of $60 and the bep,un book value is down to about $10.

SargeX wrote: Hey Leo

Good for you but that is just too weird. I didn't get my BEPC shares for the BEP.UN I sold on July 28th.

These Brookfield guys are awfully confusing.

Ciao
Sarge

leo101 wrote: hey sarge, i received my bepc shares for the bep.un i sold on the 29th.

now i'm off to the coin store.

SargeX wrote:
Hey CSC

Very interesting. I stand corrected. I didn't realize so much of BIP's distribution was foreign income and so much of BEP's was actual dividends. To be honest, I hadn't looked into the details as my wife & I hold both in registered accounts.

I apologize to the board for the mis-leading post.

Thanks for pointing that out.

Have a good weekend.
Sarge

CanSiamCyp wrote: ....from BIP.UN and BEP.UN

Hey Sarge:

Firstly, thanks for sharing the below mssg from RBC re the 05 Aug delivery date for BEPC shares. That will save me the hassle of following up with BMO prematurely!

"RBC DI had a Notice that said they'd be getting the BEPC shares on Aug 5th. It takes a couple days to do the transfer from Brookfield."

Secondly, not that I want to disagree with you, but your comment re the favourable taxation characteristics of the common shares vs. the LP units [in a non registered account] is more applicable to BIP than BEP.

If you look at the mini table below re the 2019 distribution characterization for the two LPs, you can see that the BIP distribution has 65.6% taxed at one's highest marginal tax rate (>50% in my case) with 3.4% as Capital Gain and 31% as Return of Capital (my favourite as this is tax-deferred income; used to reduce the unit ACB). By comparison, the BEP distribution has only 2.3% taxed at the highest rate, 52.9% as an Eligible Dividend and 44.8% as RoC. So in my specific case, the after tax outcome is better for BEP.UN than for BEPC. That would not be the case for BIP, however.

Just saying!

ROC

CG

DIV

FOR

BEP.UN

44.8%

52.9%

2.3%

BIP.UN

31.0%

3.4%

65.6%

Cheers!