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GLOP Gaslog Partners LP

8.63
0.00 (0.00%)
24 Jan 2025 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Gaslog Partners LP NYSE:GLOP NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 8.63 0 00:00:00

GasLog Partners LP Announces that Unitholders Remain Unaffected by U.S. Internal Revenue Service Regulations Effective January 1, 2023

19/12/2022 9:30pm

GlobeNewswire Inc.


Gaslog Partners (NYSE:GLOP)
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GasLog Partners LP (“GasLog Partners” or the “Partnership”) (NYSE: GLOP), an international owner and operator of liquefied natural gas (“LNG”) carriers, today announced that the U.S. Treasury and Internal Revenue Service (“IRS”) final regulations that are coming into effect on January 1, 2023, will not affect its unitholders. These regulations oblige brokers, withholding agents and qualified intermediaries to withhold a 10% tax on a non-U.S. partner’s disposition of an interest in a publicly traded partnership that is taxed as a partnership for U.S. federal income tax purposes (“PTP”). As a result, certain non-U.S. brokers may not permit non-U.S. persons to hold such PTP interests in their brokerage account.

GasLog Partners has elected to be treated as a C corporation for U.S. federal income tax purposes and therefore interests in the Partnership are not subject to these regulations.

Contacts:

Robert BrinbergRose & CompanyPhone: +1 212-517-0810

Email: gaslog@roseandco.com

About GasLog Partners

GasLog Partners is an owner and operator of LNG carriers. The Partnership’s fleet consists of 12 wholly-owned LNG carriers as well as two vessels on a bareboat charter, with an average carrying capacity of approximately 159,000 cbm. GasLog Partners is a publicly traded master limited partnership (NYSE: GLOP) but has elected to be treated as a C corporation for U.S. income tax purposes and therefore its investors receive an Internal Revenue Service Form 1099 with respect to any distributions declared and received. Visit GasLog Partners’ website at http://www.gaslogmlp.com.

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1 Year Gaslog Partners Chart

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