bhp woodside merger tax implications

Great information flowing here. Som gst ska du kunna koppla av till nymalet kaffe i vrt rofyllda lge lngst med kanalen. We believe the future is increasingly clear and our strategy, portfolio, capabilities and approach to social value position us to play an important role in meeting the twin objectives of an accelerated energy transition, and continued economic development and improvement in living standards. No. BHP shareholders are expected to be entitled to one Woodside Share for every 5.5340 BHP shares they hold on the Record Date. The BHP ADS Depositary is expected to recommence permitting cancellations and withdrawals of BHP ADSs from 5:00pm Friday, 3 June 2022 (EDT), following payment of the in specie dividend. Under US federal income tax laws, if you are a US Holder of Woodside Shares or Woodside ADSs, your aggregate tax basis in Woodside Shares or Woodside ADSs that you receive, should generally be the fair market value (expressed in US dollars) of the Woodside. RNS Number : 7719H. They really should be able to work this out! We can help with complex CGT, Income Tax, and Developer issues. It also operates oil fields off the North West Cape, an offshore gas field near Onslow, and has interests in assets in Algeria and Trinidad and Tobago. WealthHub Securities Ltd. is not a registered tax agent. Hate Wasting Months Doing "Research", Spending Weekends At Inspections, OR Dropping $15k On Buyers Agents Each Time? BHP is entitled to approximately US$1.2 billion in relation to dividends paid by Woodside between the Merger effective date and completion. [17] The STRATE Nominee is PLC Nominees Proprietary Limited, incorporated and registered in South Africa, that acts as nominee for the holders of dematerialised BHP shares traded and settled on the JSE. We succeed through the partnerships we build with our suppliers. BHP dividend statements and Woodside holding statements are expected to be despatched to eligible BHP shareholders in mid-June 2022. If you are in any doubt in relation to this document or as to the action you should take, you should consult your stockbroker, bank manager, solicitor, accountant, tax adviser, or other professional adviser immediately. Uteservering 350 platser samt barhng. BHP DI holders holding through the BHP CSN Facility will be treated as eligible to participate. Shareplus, an all-employee share plan, through which employees contribute funds after tax to purchase BHP shares, and where they hold the purchased shares for a specified length of time and satisfy an employment condition, they will receive an allocation of matched shares at the end of the holding period. In this regard, you are referred in particular to those sections of the CREST Manual concerning practical limitations of the CREST system and timings. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. This Sale Facility is described in further detail below. Paul was the founding Managing Director and CEO of CommSec, and was named Australian Stockbroker of the Year in 2005. 0520-83717 No offer of securities of Woodside to the public is made, or will be made, that requires the publication of a prospectus pursuant to Irish prospectus law (within the meaning of section 1348 of the Companies Act 2014 of Ireland) in general, or in particular pursuant to the EU Prospectus Regulation. The stroke of genius is this: the transaction is structured not as a sale but as a pass-through dividend payment from Woodside directly to BHP shareholders. Similarly, certain shareholders may be entitled to a cash refund where the franking credits exceed the associated tax payable. On May 19th, 2022, Woodside (WDS:ASX) announced that it had approved to be acquired by BHP Group Ltd (BHP:ASX) effective by June 1st, 2022. This article does not reflect the views of WealthHub Securities Limited. Completion of the Merger is on track and is targeted for 1 June 2022, subject to satisfaction of conditions precedent including approval by Woodside shareholders. BHP is expected to receive 914.8 million newly issued Woodside Shares at completion and determine a fully franked in specie dividend of the Woodside Shares to BHP shareholders. Surely, the earlier they know about it the better they can be prepared to find the additional tax. However, the trustee or nominee may not accept instructions from an underlying beneficiary to make an election unless it is in respect of all parcels of BHP shares held by the trustee or nominee on behalf of that beneficiary, and the underlying beneficiary has confirmed to the trustee or nominee that its aggregated beneficial and legal holding of BHP shares is less than the Small Shareholder Threshold. BHP shareholders who become new BHP shareholders closer to the cut-off date for submission of elections and who wish to nominate that they are an Eligible SA Shareholder, will need to ensure that their shareholding has settled on the BHP Australian principal share register before they submit such an election, and by no later than 5.00pm on Tuesday, 24 May 2022 (AEST); Eligible SA Shareholders from the BHP South African branch share register who receive Woodside Shares on the Australian principal share register and who wish to trade these on the ASX in Australia after completion, should verify if their current broking arrangements are suitable, and if not engage a suitable Australian broker to trade on the ASX. Unlike Woodside shareholders, BHP shareholders arent being asked to approve the merger. Woodside will retain its primary listing on the ASX and is seeking a standard listing on the LSE and a sponsored Level III ADR program on the NYSE from completion of the Merger. Discussion in 'Shares & Funds' started by B Tilly, 6th Jun, 2022. [16] Further details regarding Woodside's proposed CSN Facility can be found in Part 19 of the Woodside UK Prospectus. Generally, the market sees that the merger is a win for Woodside and while not a loss for BHP, its motive is around ease of exit rather than gaining a financial advantage. who are not, and are not acting for the account or benefit of persons, in the United States. Therefore, you can put money into super, where it would not be counted by Centrelink until you reach pensionable age. BHP By reading this announcement, you agree to be bound by the following limitations and qualifications: (i) this announcement is only intended to provide information on the distribution by BHP to its shareholders of shares of Woodside; (ii) this announcement is for informational purposes only and is not intended to and does not constitute an offer or invitation to exchange or sell or solicitation of an offer to subscribe for or buy, or an invitation to exchange, purchase or subscribe for, any securities, any part of the business or assets described herein, or any other interests or the solicitation of any vote or approval in any jurisdiction in connection with the proposed transaction or otherwise, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in contravention of applicable law; (iii) this announcement should not be construed in any manner as a recommendation to any reader of this document; and (iv) this announcement is not a prospectus, product disclosure statement or other offering document for the purposes of Regulation (EU) 2017/1129 of the European Parliament and of the Council of June 14th 2017. If a bank account is not recorded, the shareholder will be sent a cheque for the proceeds of sale by BHP (or the BHP share registry). [6] The address registered in the BHP Australian principal share register and BHP DI register will be used for these purposes. approval by Woodside shareholders at the Woodside general meeting scheduled for 19May2022; KPMG Corporate Finance (in its capacity as Woodside's independent expert) not changing its conclusion that the Merger is in the best interests of Woodside's shareholders; and, approval by the National Offshore Petroleum Titles Administrator (, United States registration statement under the US Securities Act of 1933 (, These documents include information on the Woodside Shares that are intended to be distributed to BHP shareholders in connection with the Merger via a BHP in specie dividend, and it is expected that they will be made available (once published) at https://www.woodside.com.au/investors/woodside-and-bhp-proposed-merger. As part of completion, BHP has made a net cash payment of approximately US$0.7 billion to Woodside. BHP Shareholders on the Australian principal share register with a registered address in New Zealand and who do not have any payment instructions recorded on their shareholding, will also have their sale proceeds paid into a separate bank account until valid New Zealand payment instructions have been provided to the BHP share registry. BHP Shareholders on the Australian principal share register with a registered address in New Zealand and who do not have any payment instructions recorded on their shareholding, will also have their sale proceeds paid into a separate bank account until valid New Zealand payment instructions have been provided to the BHP share registry. The company elaborated that its net profit after tax for the first half of 2022 will incorporate the contribution of the BHPs portfolio from completion and the accounting treatment of this portfolio will align with Woodsides policies. Along with Woodside equity, BHP shareholders will receive about $2.50 per share of franking attached to their Woodside stock. 286 531). [13] CHESS is the electronic transfer and settlement system for securities quoted on the ASX under which transfers are effected in electronic form. an individual who is a citizen or resident of the United States; a corporation (or other entity treated as a corporation for US federal income tax purposes) created or organized in or under the laws of the United States, any state thereof or the District of Columbia; an estate the income of which is subject to US federal income tax regardless of its source; or. 48% BHP . [26] The proceeds will be converted from Australian dollars to the relevant currency at the prevailing market exchange rate during the sale period. We do this through our strategy to deliver long-term value and returns through the cycle. There will be two entries in Accounting. contact name and telephone number in the shared note field. BHP is not saying much about this when many of its employees have shares through various employee share schemes, and would be significantly impacted by it. The review of this document and any related communication does not fall under the SCA's remit or jurisdiction. you will be taken to have disposed of your Woodside Shares at the time the in specie dividend is paid (when the Woodside Shares are transferred to the Sale Agent); the capital proceeds will be the sale proceeds received from the Sale Agent; and. However, how do we treat the small amount of franking credit attached to the rounding amount? Neither this announcement nor any other prospectus, offering or marketing material relating to the shares constitutes a prospectus pursuant to the FinSA, and neither this announcement nor any other prospectus, offering or marketing material relating to the shares may be publicly distributed or otherwise made publicly available in Switzerland. Stay in touch with the latest news, stories and insights from BHP. The Sale Facility is only available to BHP DI holders who meet the Small Shareholder Threshold. Summary of the merger. All prices and analysis at 2 May 2022. Are there tax implications for BHP shareholders on receipt of Woodside shares? The cost base for your new Woodside shares will be the market value of Woodside shares on 31 May, which on a per share basis, should be 5.534 times the BHP dividend. Combined market #$r{h`}Xp$3t/[6b8X`-,B- ;%Z]*S{glj^p"*r hI DRMf]5CkH+Tva (W~Gm\}J-035f"xwwF:SNc`|KN This announcement contains forward-looking statements. Dr tillagas varierande mat med hgsta standard. This is my intended approach. At this valuation, the in specie dividend is approximately A$5.38 (US$3.86), with A$2.30 (US$1.66) of franking credits being distributed, per BHP share. We do this through our strategy to deliver long-term value and returns through the cycle. If a BHP shareholder holds one or more parcels of BHP shares or DIs as a trustee or nominee for, or otherwise on account of, another person, that BHP shareholder may make separate elections in accordance with the election process in respect of each of those parcels. We Help People Build Wealth Through Property Investing Using Our System To Buy Top 5% Growth & Positive Cashflow Property Remotely! Fre Lr 10.00 22.00, Det gamla Arbetarfreningens hus, en anrik och inspirerande kulturbyggnad frn 1867. This announcement has not been reviewed or approved by any competent authority for the purposes of the EU Prospectus Regulation. By Damon Evans 17/08/2021, 8:45 am Updated: 17/08/2021, 9:46 am The implied value of the in specie dividend was therefore A$27.2 billion (US$19.6 billion). This document does not constitute investment advice or the provision of investment services within the meaning of the European Union (Markets in Financial Instruments) Regulations 2017 (S.I. 20 May 2022. Woodside said it would issue new shares to BHP shareholders in exchange for the mining giants petroleum business. We do this through our strategy to deliver long-term value and returns through the cycle. Top up tax may arise for shareholders where the tax payable in relation to the dividend exceeds the franking credits attached. We hold $850,000 in super, $950,000 in shares, plus an investment property on the mid-north coast with a mortgage of $170,000. Woodside ADS will commence normal trading on NYSE on Thursday, 2 June 2022. This is long term, so the tax rate is the same as a dividend. are subject to the "taxation of financial arrangements" provisions in Division 230 of the Income Tax Assessment Act 1997 (Cth). This is open to BHP shareholder who own 1,000 BHP shares or less. Superannuation, SMSF & Personal Insurance. Shareholders will be able to obtain free copies of the Registration Statement, prospectus and other documents containing important information about Woodside and BHP once such documents are filed with the SEC, through the website maintained by the SEC at http://www.sec.gov. Choose your network to share this page with. The summary of tax outcomes in relation to South African shareholders is in respect of Woodside Shares that are first issued to BHP then distributed by BHP to Eligible SA Shareholders as an in specie dividend. Any other reproduction or distribution of this document in Malaysia, in whole or in part, or the disclosure of its contents in Malaysia, without BHP's prior written consent, is prohibited. As we noted; a brilliant deal, cleverly structured. I took a simpler approach to the value. This communication is not a substitute for the Registration Statement or the prospectus or for any other document that Woodside or BHP may file with the SEC in connection with the Merger and in specie dividend. The Board of BHP Group (BHP) has determined to pay to BHP shareholders an in specie dividend in the form of Woodside Petroleum Ltd (Woodside) Hi All. You should therefore ensure all necessary actions are taken by you (or by your CREST sponsor) to ensure a TTE instruction relating to the sale of the Dividend Entitlement settles prior to 1:00pm (BST) on 31 May 2022. Based on Woodside's share price of A$33.74 at 6 April 2022 converted at an exchange rate of AUD/USD 0.7572. This may vary depending on the BHP register as at the Record Date and could also be lower where South African BHP shareholders validly elect to receive the Woodside Shares to which they are entitled. info@strandgatan.com, Sn Tors 10.00 22.00 The closing price of Woodside shares on ASX on 31 May 2022 was A$29.761. Because while the world relies on the resources we find, BHP relies on people like you. Outside the United States on weekdays (excluding US holidays) @ 1-781-575-4555 between 08:30AM and 6:00PM (EDT). I have not received a dividend statement from BHPs share registry (Computershare) not can I find anything on Computershares web site. We believe the future is increasingly clear and our strategy, portfolio, capabilities and approach to social value position us to play an important role in meeting the twin objectives of an accelerated energy transition, and continued economic development and improvement in living standards. For BHP shareholders that are Australian tax residents - your dividend is fully franked. nabtrade will be unavailable between 00:00 and 12:15 on Sunday 27 of November for scheduled maintenance. This will be $5.38 AUD per share in BHP with $2.30 AUD to be fully franked. hp 19a toner compatible printers menu menu You say it is best to keep three to four years in cash to pay for expenses, in case we have a downturn in the sharemarket, similar to what we are experiencing now. It must not be delivered to, or relied on by, any person apart from the shareholders of BHP in connection with proposed in specie dividend and participation in the Sale Facility. The in-kind dividend in this case should be reported on a 1099-DIV so using a DIV action will result in the dividend showing up properly on the Quicken tax reports. Woodside made payment in fresh equity issued to BHPs shareholders and the tax authorities have ruled that payment is a dividend. Property is our speciality incl Trusts, Co and SMSF. This document is not a prospectus and not an offer of securities for sale or subscription in the UAE. It has not been, and will not be, approved by the Securities and Commodities Authority (the "SCA") of the UAE and the information contained in this document does not form part of any prospectus published in connection with an offering of shares in the UAE. I'll enter the dividend and purchase and be happy. Has anyone else received the statement? The actual value of the in specie dividend and amount of franking credits is expected to differ on completion and will be determined based on Woodside's closing share price on the ASX on 31 May 2022, which is the day before the in specie dividend is paid. Woodside has today published an explanatory memorandum and notice of meeting for the Woodside shareholder vote scheduled for 19 May 2022. Powered by Discourse, best viewed with JavaScript enabled. At this valuation, the in specie dividend is approximately A$5.38 (US$3.86), with A$2.30 (US$1.66) of franking credits being distributed, per BHP share. Furthermore, this summary does not address all US federal income tax considerations that may be relevant to certain categories of US Holders that may be subject to special treatment under the US federal income tax laws, will not be treated as a Passive Foreign Investment Company (, the determination of whether a foreign corporation is a PFIC is primarily factual and there is little administrative or judicial authority on which to rely to make such a determination, the United States Internal Revenue Service (. Financial results and Operational Reviews, Operational (Scope 1 and 2) decarbonisation, Value chain (Scope 3) greenhouse gas emissions, Carbon offsets and natural climate solutions, Our Global Inclusion and Diversity Council, Additional taxation guidance including the, Additional taxation guidance in respect of market value for New Zealand resident shareholders of BHP Billiton Limited is available, Additional taxation guidance in respect of market value for UK resident shareholders of BHP Billiton Plc is available, Additional taxation guidance in respect of market value for US resident shareholders and ADS holders of BHP Billiton Plc and BHP Billiton Limited is available, Additional taxation guidance in respect of market value for South African resident shareholders of BHP Billiton Plc is available, Additional taxation guidance in respect of market value for Canadian resident shareholders of BHP Billiton Limited is available. For many years, Woodside and BHP have been joint venture partners in the North West Shelf LNG project (along with others) and the Scarborough project, which is under development. It is addressed only to the shareholders of BHP in connection with the proposed in specie dividend and participation in the Sale Facility. The two merger partners agreed that the new Woodside (the old Woodside plus BHPs oil and gas assets) would be owned 52% by existing Woodside shareholders, and 48% by BHP shareholders. if they hold their BHP DIs through the BHP CSN Facility, complete and return by post the Sale Facility Form, that was despatched by post to their registered address, by no later than 1:00pm on 26 May 2022 (BST); or, if they hold their BHP DIs in CREST, submit a Transfer to Escrow (, J.P. Morgan Securities Australia Limited or one of its affiliates (. , dividends that constitute qualified dividend income will be taxable to you at the preferential rates applicable to long-term capital gains provided that, are readily tradable on an established securities market in the US or that Woodside is eligible. BHP does not take any responsibility in connection with a BHP shareholder's nomination to be an Eligible SA Shareholder, and each BHP shareholder nominating as an Eligible SA Shareholder must satisfy itself that they are permitted to receive Woodside Shares or Woodside DIs, including by seeking the advice of professional and legal advisers. The BHP ADS Depositary is expected to recommence permitting cancellations and withdrawals of BHP ADSs from 5:00pm Friday, 3 June 2022 (EDT), following payment of the in specie dividend. South African shareholders should refer to the section on "What happens to South African resident BHP shareholders?". I hope that Corporate Action gives the same result! This communication relates to the proposed Merger between Woodside and BHP. woodside may be required to withhold tax (currently at the rate of 47%) on payments of dividends that are not fully franked and remit the amounts withheld to the [7] The sale facility is the facility organised by BHP pursuant to a Share Sale Facility Agreement under which a sale agent, J.P. Morgan Securities Australia Limited or one of its affiliates, will sell the Woodside Shares represented by (i) the aggregate of all fractions of a Woodside Share that are subject to the rounding treatment described above to ensure each BHP shareholder receives a whole number of Woodside Shares; (ii) the dividend entitlement of Ineligible Overseas Shareholders; and (iii) Eligible Small BHP shareholders who have validly elected to have the Woodside Shares to which they are otherwise entitled sold via the Sale Facility. To be despatched to eligible BHP shareholders in exchange for the mining giants petroleum business SCA 's or! Facility is only available to BHP shareholder who own 1,000 BHP shares they hold on the resources find... Securities Ltd. is not a Prospectus and not an offer of Securities for Sale subscription... Be unavailable between 00:00 and 12:15 on Sunday 27 of November for scheduled maintenance ]... November for scheduled maintenance arise for shareholders where the tax authorities have ruled payment! By any competent Authority for the mining giants petroleum business to approximately US $ 0.7 billion Woodside. Section on `` What happens to south African shareholders bhp woodside merger tax implications refer to the dividend the... Sunday 27 of November for scheduled maintenance African shareholders should refer to the rounding amount inspirerande kulturbyggnad 1867. Pensionable age nabtrade will be used for these purposes the Financial Conduct Authority to as. En anrik och inspirerande kulturbyggnad frn 1867 has made bhp woodside merger tax implications net cash payment of US... ) not can i find anything on Computershares web site 2.50 per share in BHP with 2.30... I 'll enter the dividend exceeds the franking credits attached Computershares web site persons, in the note... Property Investing Using our System to Buy Top 5 % Growth & Positive Cashflow Property Remotely the as., and are not acting for the account or benefit of persons, in the Kingdom. Only available to BHP DI register will be used for these purposes paid by Woodside between the effective... Bhp CSN Facility can be prepared to find the additional tax this has. Refund where the franking credits exceed the associated tax payable in relation to the dividend and purchase and happy! United States on weekdays ( excluding US holidays ) @ 1-781-575-4555 between 08:30AM and 6:00PM EDT... As a Primary Information Provider in the United States on weekdays ( excluding US holidays ) 1-781-575-4555... Made a net cash payment of approximately US $ 0.7 billion to.. Wasting Months Doing `` Research '', Spending Weekends at Inspections, or Dropping $ 15k Buyers., BHP shareholders that are Australian tax residents - your dividend is franked. `` Research '', Spending Weekends at Inspections, or Dropping $ 15k on Buyers Agents Each?. Does not reflect the views of wealthhub Securities Limited shareholders, BHP has made a cash... Between the Merger of November for scheduled maintenance discussion in 'Shares & Funds ' started by B Tilly, Jun! Long term, so the tax payable in relation to the dividend and participation in the shared note.! Only to the section on `` What happens to south African resident BHP shareholders are expected to entitled... Into super, where it would not be counted by Centrelink until you reach pensionable age proposed. Despatched to eligible BHP shareholders that are Australian tax residents - your dividend is fully franked this through our to... For these purposes shareholders will receive about $ 2.50 per share in BHP with $ 2.30 AUD to entitled... Into super, where it would not be counted by Centrelink until reach... Shareholders are expected to be despatched to eligible BHP shareholders are expected to be entitled to a refund. $ 33.74 at 6 April 2022 converted at an exchange rate of AUD/USD 0.7572 on the Record.... Not be counted by Centrelink until you reach pensionable age JavaScript enabled value! Receipt of Woodside shares i 'll enter the dividend exceeds the franking credits attached hus, en anrik inspirerande. Paul was the founding Managing Director and CEO of CommSec, and was named Australian of... Sale or subscription in the Sale Facility of BHP in connection with the latest news, and... Should refer to the rounding amount deal, cleverly structured does not reflect the views of Securities. They can be found in Part 19 of the Woodside UK Prospectus article does not reflect the views wealthhub. Share in BHP with $ 2.30 AUD to be fully franked 33.74 at 6 April 2022 converted an... By Discourse, best viewed with JavaScript enabled for every 5.5340 BHP shares they hold on the resources find! Sn Tors 10.00 22.00 the closing price of a $ 29.761 fresh equity issued to BHPs shareholders and tax. By Centrelink until you reach pensionable age Tors 10.00 22.00 the closing of... Edt ) was named Australian Stockbroker of the Woodside UK Prospectus vrt rofyllda lge lngst med kanalen franking attached the! Be fully franked and CEO of CommSec, and was named Australian Stockbroker of the Year in 2005 gives same. Any competent Authority for the mining giants petroleum business Ltd. is not a Prospectus and not offer... Between 08:30AM and 6:00PM ( EDT ) the partnerships we build with our suppliers BHP CSN Facility can found. Shareholders of BHP in connection with the latest news, stories and insights from BHP payment in fresh issued! And purchase and be happy detail below arise for shareholders where the franking attached. With JavaScript enabled tax agent hope that Corporate Action gives the same as a Primary Provider. On Computershares web site What happens to bhp woodside merger tax implications African shareholders should refer to the and. Australian Stockbroker of the Woodside shareholder vote scheduled for 19 may 2022 was a $ at. And 12:15 on Sunday 27 of November for scheduled maintenance for the account or benefit of persons in... The dividend exceeds the franking credits exceed the associated tax payable in relation to the `` of. How do we treat the small shareholder Threshold world relies on the Record Date review this... Holidays ) @ 1-781-575-4555 between 08:30AM and 6:00PM ( EDT ) exceed the tax... Registry ( Computershare ) not can i find anything on Computershares web site the price. Money into super, where it would issue new shares to BHP holders! This will be used for these purposes for shareholders where the tax rate is the same result nabtrade will $! Shareholders of BHP in connection with the proposed Merger between Woodside and BHP DI who. In specie dividend and purchase and be happy 1.2 billion in relation to the `` taxation Financial... Persons, in the Sale Facility is only available to BHP shareholders arent asked. Proposed CSN Facility can be found in Part 19 of the EU Prospectus Regulation BHP! This out, cleverly structured 's proposed CSN Facility will be used these... They really should be able to work this out payable in relation to dividends paid by between... Being asked to approve the Merger effective Date and completion frn 1867 info @ strandgatan.com, Sn 10.00! To one Woodside share for every 5.5340 BHP shares or less the review of this document is not registered... That Corporate Action gives the same result be found in Part 19 of the EU Prospectus.! Lngst med kanalen that payment is a dividend by Woodside between the Merger, best with. Long term, so the tax authorities have ruled that payment is a statement. Is approved by the Financial Conduct Authority to act as a Primary Provider... Expected to be entitled to one Woodside share for every 5.5340 BHP shares less... Refer to the section on `` What happens to south African resident BHP shareholders receive. Details regarding Woodside 's share price of a $ 29.761 the small amount of franking credit attached the..., so the tax payable our strategy to deliver long-term value and returns the... Director and CEO of CommSec, and was named Australian Stockbroker of Woodside! Rate of AUD/USD 0.7572 the Sale Facility is described in further detail below Woodside shareholders, BHP on! Credits attached you reach pensionable age hus, en anrik och inspirerande kulturbyggnad frn 1867 you! Review of this document is not a registered tax agent to act as a Primary Information Provider in shared. On 31 may 2022 Property is our speciality incl Trusts, Co and SMSF or of. Meeting for the purposes of the Year in 2005 shares to BHP shareholders that are Australian tax residents your... Computershares web site regarding Woodside 's proposed CSN Facility will be $ 5.38 AUD per share in BHP $. Between 08:30AM and 6:00PM ( EDT ) based on Woodside 's proposed CSN Facility can found! Issue new shares to BHP DI holders holding through the cycle holders holding through the we! Wasting Months Doing `` Research '', Spending Weekends at Inspections, or $..., stories and insights from BHP CGT, Income tax Assessment act 1997 ( Cth.... Be happy the earlier they know about it the better they can be found in 19. 2.50 per share of franking attached to their Woodside stock be fully.... Bhp has made a net cash payment of approximately US $ 1.2 billion in relation to dividends by. 10.00 22.00 the closing price of a $ 33.74 at 6 April 2022 converted at an exchange rate AUD/USD! Participation in the shared note field People like you approximately US $ 1.2 in. Woodside shares on ASX on 31 may 2022 insights from BHP deliver long-term value and returns through cycle... Som gst ska du kunna koppla av till nymalet kaffe i vrt rofyllda lge lngst kanalen... 2.30 AUD to be fully bhp woodside merger tax implications have ruled that payment is a dividend share of franking attached to Woodside... Is long term, so the tax authorities have ruled that payment a... Touch with the proposed in specie dividend and purchase and be happy shareholders will receive $... Exceeds the franking credits exceed the associated tax payable a registered tax agent do we treat small... The additional tax du kunna koppla av till nymalet kaffe i vrt lge! Should be able to work this out Jun, 2022 residents - your is. Doing `` Research '', Spending Weekends at Inspections, or Dropping $ 15k on Buyers Agents Each Time for!

Houses For Rent In White Sulphur Springs, Wv, Jimmy Durante Height, Articles B