Company: BEP
Filing Date: 2025-11-12
Form Type: 424B5
Source: 0001193125-25-275856
Chunk: 55

Company: Brookfield Renewable Partners L.P.
Filing Date: 2025-11-12
Form: 424B5
Chunk 55
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 these special rules.

Administrative Matters

Information Returns and Audit Procedures

The Partnership has agreed to use commercially reasonable efforts to provide U.S. tax information on its website
(including IRS Schedule K-1 information needed to determine an LP Unitholder’s allocable share of the Partnership’s income, gain, losses and deductions) no later than 90 days after the end of the
Partnership’s taxable year. In addition, the Partnership will provide an IRS Schedule K-1 to any LP Unitholder that furnishes the Partnership or its agents with certain basic information regarding such
holder’s LP Units. To assist each LP Unitholder in this regard, the Partnership maintains a website in respect of 2012 and subsequent taxation years. Under IRS guidance, certain partnerships are also required to provide IRS Schedule K-3, which generally describes a partner’s share of certain items of international tax relevance from the operations of the partnership. The Partnership generally expects to provide IRS Schedule K-3 (as applicable) to LP Unitholders. However, providing the foregoing U.S. tax information to LP Unitholders will be subject to delay in the event of, among other reasons, the late receipt of any necessary tax
information from lower-tier entities. It is therefore possible that, in any taxable year, an LP Unitholder will need to apply for an extension of time to file such LP Unitholder’s tax returns. In preparing this U.S. tax information, the
Partnership will use various accounting and reporting conventions, some of which have been mentioned in the previous discussion, to determine an LP Unitholder’s share of income, gain, loss and deduction. The IRS may successfully contend that
certain of these reporting conventions are impermissible, which could result in an adjustment to an LP Unitholder’s income or loss.

The Partnership may be audited by the IRS. Adjustments resulting from an IRS audit could require an LP Unitholder to adjust a prior
year’s tax liability and result in an audit of such holder’s own tax return. Any audit of an LP Unitholder’s tax return could result in adjustments not related to the Partnership’s tax returns, as well as those related to the
Partnership’s tax returns. If the IRS makes an audit adjustment to the Partnership’s income tax returns, it may assess and collect any taxes (including penalties and interest) resulting from such audit adjustment directly from the
Partnership instead of LP Unitholders (as under prior law). The