Tax Information

Effective December 16, 2019, Pembina acquired all of the issued and outstanding common shares of Kinder Morgan Canada Limited (“KML”) pursuant to a plan of arrangement under Section 193 of the Business Corporations Act (Alberta). The following commentary refers to tax information applicable to KML prior to December 16, 2019 and does not constitute and is not intended to be legal or tax advice. 

Form 8937, Report of Organizational Actions Affecting Basis of Securities 
Form 8937, Report of Organizational Actions Affecting Basis of Securities (Amended)
Form 8937, Report of Organizational Actions Affecting Basis of Securities - Series 1 Preferred Share 2019 Distributions
Form 8937, Report of Organizational Actions Affecting Basis of Securities - Series 1 Preferred Share 2019 Distributions (Amended)
Form 8937, Report of Organizational Actions Affecting Basis of Securities - Series 3 Preferred Share 2019 Distributions
Form 8937, Report of Organizational Actions Affecting Basis of Securities - Series 3 Preferred Share 2019 Distributions (Amended)

Effective October 2, 2017, Pembina acquired all the issued and outstanding common shares of Veresen Inc. ("Veresen") pursuant to a plan of arrangement under Section 193 of the Business Corporations Act (Alberta). The following commentary refers to tax information applicable to Veresen prior to October 2, 2017 and does not constitute and is not intended to be legal or tax advice.

• Form 8937, Report of Organizational Actions Affecting Basis of Securities  
• Illustrative Example: Tax Consequences of the Veresen Acquisition

Pembina Pipeline Corporation advises shareholders that all dividends paid will be designated as "eligible dividends" for Canadian income tax purposes, unless Pembina otherwise notifies its shareholders.

U.S. resident tax information

Form 8937 Report of Organizational Actions Affecting Basis of Securities

Effective April 2, 2012, Pembina acquired all the issued and outstanding common shares of Provident Energy Ltd. ("Provident") pursuant to a plan of arrangement under Section 193 of the Business Corporations Act (Alberta). The following commentary refers to tax information applicable to Provident prior to April 2, 2012 and does not constitute and is not intended to be legal or tax advice.

Canadian residents 

• Canadian resident tax information

U.S. residents 

• U.S. resident tax information
• Information return under treasury regulation 1.6045b-1
• Form 8937 Report of Organizational Actions Affecting Basis of Securities (PEL) 2012