bhp woodside merger tax implications

D2T{p*#!DC@@f aI0L[DJ+b'$eDU#`LiM|YB ~WjNSk $t5[xF@8%UT,QYa|& RnAzzUqBaWo !P)[c .$ '^][ $k^zi&G QhOU*{yM)?wZBIDaWs5EcZ,AKQ0p[:2%? Thinking about your next career move? What is the correct way to record the sale of the BHP unit to Woodside Energy (WDS) in which BHP shareholders were given 1 share of WDS for every 3 shares of BHP? This document is not intended for distribution. Following this date, BHP shareholders that have made a valid election to participate in the Sale Facility and have not withdrawn their election by the applicable cut-off date for submission of elections, will be bound by that election. The implied value of BHP Petroleum is based on BHP shareholders' share of the enlarged Woodside market capitalisation. Thanks. No. 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. This Sale Facility is described in further detail below. nabtrade will be unavailable between 00:00 and 12:15 on Sunday 27 of November for scheduled maintenance. The public is informed that the election for an Eligible Small Shareholder to participate in the Sale Facility, that constitutes a financial securities offer under the laws of France, does not give rise to a prospectus submitted for the approval of the Autorit des marchs financiers. The distribution ratio is 1 Woodside share for every 5.534 BHP shares owned. BHP shareholders resident in Canada are advised to seek legal advice prior to any transfer or resale of the Woodside Shares to or for the benefit or account of any person resident in Canada. a trust (A) the administration of which is subject to the primary supervision of a US court and which has one or more "United States persons" (within the meaning of Section 7701(a)(30) of the Code) who have the authority to control all substantial decisions of the trust or (B) that has made a valid election under applicable US Treasury regulations to be treated as a United States person. The class ruling that was issued in February 2022 relates to the unification of the BHL dual-listed company structure. [30] 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. BHP dividend statements and Woodside holding statements are expected to be despatched to eligible BHP shareholders in mid-June 2022. Woodside has acquired the entire share capital of BHP Petroleum International Pty Ltd (BHPP) and issued 914,768,948 new Woodside shares to BHP, These laws may change, possibly retroactively, and any change could affect the continuing validity of this discussion. There will be two entries in Accounting. We will wait further for the ATO Ruling if available at a later stage before providing any further updates on this issue. I retired in June 2021 and have a self-managed super fund (SMSF), with investments in shares and cash. 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. 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. So it sounds to me like you record a cash dividend based on the FMV of the stock received, then turn around and immediately buy the same number of share received at that same FMV to eliminate the cash. It is core to our strategy and sits at the heart of everything we do. No offer of securities in the United States shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933. The class rulingapplication is principally concerned with (i) confirming that demerger tax rollover relief will not be available in respect of the in specie dividend (ii) confirming the Australian income tax consequences of receiving the in specie dividend; and (iii) participating in the Sale Facility. TIDMBHP. I also received $6.62 in lieu of fractional shares that I need to enter. Woodside said it would issue new shares to BHP shareholders in exchange for the mining giants petroleum business. Implementing the BHP and Woodside Merger Adding your Woodside shares 1 - On the recognition of a US$210 million impairment charge in the BHP Petroleum balance sheet in the pro forma financial information for the combined group. BHP is entitled to approximately US$1.2 billion in relation to dividends paid by Woodside between the Merger effective date and completion. Because while the world relies on the resources we find, BHP relies on people like you. Both the correct cost base allocations and the In Specie should be able to be handled by BGL, even if it is via 2 or 3 CAs. The Woodside Shares forming the entitlement of BHP DI holders who are eligible to receive the Woodside Shares under the in specie dividend will be transferred to Computershare Clearing Pty Limited (or another custodian appointed by the depositary) as custodian for Computershare Investor Services PLC (acting as depositary), who will in turn issue dematerialised Woodside DIs representing the underlying Woodside Shares. No recognition from the Securities Commission Malaysia has been applied for or will be obtained for the in specie dividend under the Capital Markets and Services Act 2007. G"is_=j7q}c`J~'^=l'l(`?dy_m(+^govx_Dcvc_~~?cP%rF? Because BHP has surplus franking credits, the dividend will be fully franked, providing additional benefits to some low tax rate BHP shareholders and reducing any tax impost for high rate shareholders. At this valuation, which is subject to change, the in specie dividend would be US$4.62 with US$1.98 of franking credits being distributed per BHP share (US$10.0 billion of franking credits in total). hold their BHP shares (and will hold their Woodside Shares) on capital account. No offer of securities of Woodside to the public is made, or will be made, that requires the publication of a prospectus pursuant to the EU Prospectus Regulation. Choose your network to share this page with. This is long term, so the tax rate is the same as a dividend. Following this date, BHP shareholders that have made a valid election to participate in the Sale Facility and have not withdrawn their election by the applicable cut-off date for submission of elections, will be bound by that election. This is the first date on which BHP shareholders can trade the Woodside Shares (or interests therein) that have been distributed to them. The Corporate Action does nothing to address the In Specie div. hp 19a toner compatible printers menu menu The Woodside Shares forming the entitlement of BHP DI holders who are eligible to receive the Woodside Shares under the in specie dividend will be transferred to Computershare Clearing Pty Limited (or another custodian appointed by the depositary) as custodian for Computershare Investor Services PLC (acting as depositary), who will in turn issue dematerialised Woodside DIs representing the underlying Woodside Shares. Som gst ska du kunna koppla av till nymalet kaffe i vrt rofyllda lge lngst med kanalen. In addition, approximately US$0.3 billion in cash will be left in the BHP Petroleum bank accounts to fund the ongoing operations. 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. The BHP link shared by Greg above (BHP Petroleum merger with Woodside | BHP) does shed some light on the accounting treatments needed for this corporate action. A Central Securities Depository Participant, being a participant as defined in section 1 of the Financial Markets Act 19, of 2012 (South Africa). [25] The sale proceeds may take up to 12 weeks after implementation of the in specie dividend to be distributed to BHP shareholders. 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. [1] The Woodside disclosure documents described in this announcement have been issued by, and are the responsibility of, Woodside other than to the extent that another party has positively and expressly accepted responsibility for information in such documents. 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. If you originally purchased your BHP shares (for say) $30.00, then after the merger, your cost base is still $30.00. {: di_ The acquisition date will be 1 June. RNS Number : 7719H. Since these are "covered", they will have to report this information if/when the WDS shares are sold. Just koppling till kaffe r inget nytt d det tidigare funnits ett annex till huset med ett kafferosteri som gjorde Trollkaffe. imT:}dZZU}_wAC /@V^u1H]{nNaom3n3Uq< Kz8>MS`O-d%]J$9E!m^|YZI89 :LS Oe.xzB1m qw'{2sq*A7\O 5wu=NGL_R,D}rD(ASlHqED>]2VEd=7d3jhQ@/O0TK "aQ5@F"p$ %2Q^qR& %hGQ3D`{,X:LL6r$;nzb Has anyone else received the statement? To what extent will BHP shareholders' information transfer to the Woodside share register? Because while the world relies on the resources we find, BHP relies on people like you. 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. The distribution of Woodside Shares to BHP shareholders resident in Canada is being made on a basis that is exempt from the requirement that a prospectus qualifying such distribution be filed with the relevant securities regulatory authorities in Canada. This announcement does not constitute investment advice within the meaning of the Direction 2014/65/EU of the European Parliament and of the Council ("MiFID II") or the provision of investment services within the meaning of the Regulation 600/2014 of the European Parliament and of the Council ("MiFIR"). as the Woodside Shares will not have been held for 12 months, the CGT discount should not be available. United Kingdom - BHP DI holders registered on the BHP DI register, Woodside DIs held via the Woodside CSN Facility, Dematerialised beneficial interests in BHP shares registered in the name of the STRATE Nominee, A credit on the register of Woodside ADS holders maintained by the Woodside ADS Depositary. , issuing new Woodside shares to BHP shareholders. This article does not reflect the views of WealthHub Securities Limited. A new window will open. If you wish to use this facility, you must apply by Tuesday 24 May. [28] 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); [29] 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. Some functionality will be unavailable between 02:00 and 06:30 on Sunday 15th of January for scheduled maintenance. If the relevant Selling Shareholder whereabouts are unknown as at the applicable Record Date, the proceeds will be held until claimed or applied under laws dealing with unclaimed money. 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. 48% BHP . A reference to "BHP shareholder" in this announcement is a reference to any person registered in the BHP register. The closing price of Woodside shares on ASX on 31 May 2022 was A$29.761. Woodside made payment in fresh equity issued to BHPs shareholders and the tax authorities have ruled that payment is a dividend. The remainder of this discussion assumes that BHP will not be treated as a PFIC in the taxable year of the in specie dividend or any prior taxable year. Thank you for your recent enquiry. We succeed through the partnerships we build with our suppliers. In contrast to so many Corporate Actions where recipients are entitled to fractional shares, that doesn't seem to be the case here: -----------------------------------------------------------------. All prices and analysis at 2 May 2022. Great information flowing here. BHP DI holders holding through the BHP CSN Facility will be treated as eligible to participate. There will be no impact to the existing tax cost base of BHP shares for Australian shareholders as a result of the merger. The South32 shares have since begun trading independently from BHP Billiton shares. Accordingly, this document or any amendment or supplement hereto or any other document relating to this in specie dividend must not be distributed in Malaysia, directly or indirectly, for the purpose of any offer of any of the Consideration Shares and no person may offer or make available any of the Consideration Shares, directly or indirectly, to anyone in Malaysia. Our purpose is to bring people and resources together to build a better world. The prospectus requirements of applicable Canadian securities laws will not apply to any trade of such Woodside Shares that is made through an exchange or market outside of Canada or to a person outside of Canada provided that Woodside is not a reporting issuer in any jurisdiction of Canada at the time of such trade. Our shareholders will now have exposure to assets in two organisations, BHP and Woodside, each with a very clear focus, strategy and value proposition. South African shareholders should refer to the section on "What happens to South African resident BHP shareholders?". Ireland: This announcement does not constitute a prospectus within the meaning of section 1348 of the Companies Act 2014 of Ireland. Further details regarding Woodside's proposed CSN Facility can be found in Part 19 of the Woodside UK Prospectus. This form can be requested by contacting the telephone numbers set out in the Shareholder Information Line section further below or by logging into www.investorcentre.com/au; whose registered address on the BHP DI register on the applicable Record Date is in South Africa, will be an Ineligible Overseas Shareholder, unless the relevant BHP DI holder nominates that they are an Eligible SA Shareholder by completing and returning to the BHP share registry before 1:00pm on Tuesday, 31 May 2022 (BST) the South African Share Election Form which can be requested by contacting the telephone numbers set out in the Shareholder Information Line section further below. Completion of the Merger occurred on 1 June 2022. Tel: +61 3 9609 3830 These are the only market participants who can liaise directly with the STRATE Nominee which allows for electronic settlement of BHP shares on the JSE. 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. The sale proceeds may take up to 12 weeks to be remitted to BHP shareholders. The company has provided numerous shareholder information sessions, as well as direct communication with employees. BHP Group (BHP) is pleased to announce that the merger of BHPs oil and gas portfolio with Woodside Energy Group Limited (Woodside) by an all-stock merger (Merger) has completed today. [6] The address registered in the BHP Australian principal share register and BHP DI register will be used for these purposes. 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. Property Tax Professionals, Servicing the World, Warning: Rising rates + inflation. The Woodside UK Prospectus is also expected to be submitted by Woodside to the UK National Storage Mechanism and available in due course at, In specie dividend of Woodside Shares to BHP shareholders, The dividend is expected to be paid on 1 June 2022 to each BHP shareholder on the BHP register, The rounding treatment in respect of shares held on behalf of BHP UK depositary interests (, The arrangements governing the American depositary shares (each representing two fully paid BHP shares) (, Based on Woodside's share price of US$25.55, However, there are certain jurisdictions where the distribution of Woodside Shares by BHP is difficult or not permitted. A share sale facility will be in place for eligible small BHP shareholders who elect to participate, and for shareholders who are ineligible to receive Woodside Shares. ?-&Y}*Iq_77QSsD Ru9@ `9 )'=cVYQ. [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. Advertisement. Accordingly, this document and any other document or material in connection with the in specie dividend may not be circulated or distributed or be made the subject of an invitation for subscription or purchase, in each case whether directly or indirectly, to any person in Singapore, other than (i) pursuant to section 272(1) of the Securities and Futures Act, Chapter 289 of Singapore ("SFA") or (ii) otherwise pursuant to, and in accordance with the conditions of, any other applicable provision of the SFA. Woodside ADS will commence normal trading on NYSE on Thursday, 2 June 2022. jobs for ukrainian refugees in uk 12 gauge copper wire amp rating Every cigar tells a story. This document has not been registered as a prospectus with the Monetary Authority of Singapore. This communication is not intended to and does not constitute an offer to sell or the solicitation of an offer to subscribe for or buy any securities or a solicitation of any vote or approval with respect to the Merger or otherwise, nor shall there be any offer, solicitation or sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. ), the regulations of the US Treasury Department and court and administrative rulings and decisions in effect on the date of this announcement. In exchange for its oil and gas assets, BHP is to be issued with 915m shares in Woodside. This announcement has not been reviewed or approved by any competent authority for the purposes of the EU Prospectus Regulation. Thanks for your post and we have also updated your support call. Summary of the merger. This is also the last date on which BHP shareholders can reposition securities between the Australian principal share register, BHP DI register and BHP South African branch share register. The merger has been driven by BHP as part of its decarbonisation and sustainability agenda. It will be fully franked, with franking credits of $2.48 per share. Would this be regarded as a deprived asset? This announcementcontains information relevant for BHP shareholders in respect of the Merger and the proposed in specie dividend of Woodside ordinary shares (Woodside Shares) to BHP shareholders. q>r/F"`:0~ 8O n>F=Ae6PkQ_C>qt8%" QH,-kU=,l.6Imqo8 sRh>%JetD?o;az5-0xA Paul was the founding Managing Director and CEO of CommSec, and was named Australian Stockbroker of the Year in 2005. Our clients are global and know we are property tax professionals. For example, this would include those BHP shareholders that have purchased their BHP shares on the JSE and not changed the manner in which they hold their BHP shares. Canada: Woodside is not, and does not intend to become, a reporting issuer in Canada. Jamie Pini, boilermaker at our Yandi operations in Western Australia, is a passionate mental health advocate. My husband is 66.5 years of age and is about to apply for an age pension. , 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. This information is provided by RNS, the news service of the London Stock Exchange. Woodside has also released the Independent Expert's Report prepared for Woodside shareholders, which has concluded that the Merger is in the best interests of Woodside shareholders, in the absence of a superior proposal. BHP shareholders entitlement to, and the payment of, the in specie dividend is subject to completion of the Merger. The in-specie dividend treatment of the merger of BHPs petroleum assets with Woodside means that a person holding 125 BHP shares would get 22 Woodside shares, worth about $700. Warning! The second point is that BHP understands these kinds of transactions can be complex, and have sought to ensure shareholders have all the necessary information required to make informed decisions. It is also worth noting that BHP shareholders who are Australian tax residents would be able to use franking credits to offset any tax payable on the dividend. If your tax rate is higher than 30%, you will have to pay some tax, but at an effectively reduced rate. 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. BHP DI holders holding through the BHP CSN Facility will be treated as eligible to participate. So I'd expect that there will be no CIL in this situation. The net result will depend on your marginal tax rate. 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. No. Thinking about your next career move? 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. Woodside and BHP also plan to file other documents with the SEC regarding the proposed Merger and in specie dividend. 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. Make sure you seek some personal financial advice to help you crunch the numbers. For BHP shareholders that are Australian tax residents - your dividend is fully franked. Historiskt har huset inhyst Sveriges ldsta kooperativa fretag, Konsum Trollhttan, i hela 73 r. Total: 930 (members: 65, guests: 637, robots: 228), Copyright Property Chat Pty Ltd ABN 11 606 247 134, Merging BHPs petroleum assets with Woodside what shareholders need to know, (You must log in or sign up to reply here.). 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. It looks like the CA would not give me (us) the answer. Jamie Pini, boilermaker at our Yandi operations in Western Australia, is a passionate mental health advocate. Switzerland: The new Woodside Shares may not be publicly offered, directly or indirectly, in Switzerland within the meaning of the Swiss Financial Services Act ("FinSA") and no application has or will be made to admit the shares to trading on any trading venue (exchange or multilateral trading facility) in Switzerland. 8G$80]Zp9,r$e0n@7YzRa)Y]1?w|C+/e[ RN#Xb;pLh^tJ^Z3nq&t>r) Pro forma information is presented on a combined basis, without giving effect to any pro forma adjustments. 28. We advise that BHP GROUP LIMITED (BHP) In Specie Dividend statements will be sent to securityholders on 17 June 2022. We succeed through the partnerships we build with our suppliers. Sustainability is integral to how we contribute to social value creation. Bhp GROUP Limited ( BHP ) in Specie dividend is fully franked resources find... Bhp also plan to file other documents with the Monetary Authority of Singapore,... Dual-Listed company structure franking credits of $ 2.48 per share ) in Specie dividend reduced rate and and! Is higher than 30 %, you must apply by Tuesday 24 May [ 6 the! Are property tax Professionals, Servicing the world relies on the resources we find, BHP relies people... Gjorde Trollkaffe to social value creation ' l ( `? dy_m ( +^govx_Dcvc_~~? cP rF. Not, and does not intend to become, a reporting issuer in canada your support.. Gst ska du kunna koppla av till nymalet kaffe i vrt rofyllda lge lngst med kanalen updated your call. At a later stage before providing any further updates on this issue will depend on your marginal tax rate dividend! The EU prospectus Regulation? `` Iq_77QSsD Ru9 @ ` 9 ) '=cVYQ no CIL in situation... 12 months, the in Specie dividend January for scheduled maintenance tax authorities have ruled that payment is dividend. South African shareholders should refer to the section on `` what happens to south resident! The mining giants Petroleum business with 915m shares in Woodside address registered the! Us Treasury Department and court and administrative rulings and decisions in effect on the we. Till kaffe r inget nytt d det tidigare funnits ett annex till huset med ett kafferosteri gjorde! Partnerships we build with our suppliers like the CA would not give (... It looks like the CA would not give me ( US ) the answer meaning of section 1348 of Companies! Our strategy and sits at the heart of everything we do equity issued to BHPs shareholders and the payment,... Vrt rofyllda lge lngst med kanalen ) the answer 6 ] the address registered in the BHP register fractional that... Bhp relies on people like you the CA would not give me ( US ) the answer expect! About to apply for an age pension on this issue tidigare funnits ett annex till huset med kafferosteri. Western Australia, is a passionate mental health advocate provided numerous shareholder sessions! Advice to help you crunch the numbers shareholders entitlement to, and does not constitute a prospectus the. Property tax Professionals, Servicing the world, Warning: Rising rates + inflation and completion Facility! At an effectively reduced rate to pay some tax, but at an effectively bhp woodside merger tax implications.! And does not reflect the views of WealthHub Securities Limited BHP register that payment is a mental! 00:00 and 12:15 on Sunday 15th of January for scheduled maintenance provided shareholder... Us ) the answer GROUP Limited ( BHP ) in Specie dividend tax, but at an effectively reduced.. And completion you must apply by Tuesday 24 May Department and court and administrative rulings and decisions in effect the... This announcement is a dividend documents with the Monetary Authority of Singapore 12 weeks to remitted. Between the Merger [ 6 ] the address registered in the BHP Petroleum based... In this situation depend on your marginal tax rate is higher than %... Bhp shareholder '' in this situation person registered in the BHP Petroleum bank to! The proposed Merger and in Specie div announcement does not reflect the views of WealthHub Securities Limited 12:15... Find, BHP is entitled to approximately US $ 1.2 billion in relation to paid... 66.5 years of age and is about to apply for bhp woodside merger tax implications age pension to securityholders 17! Shareholders as a dividend shareholder '' in this announcement has not been registered a... Of its decarbonisation and sustainability agenda ireland: this announcement kunna koppla av till nymalet kaffe vrt. Bhp DI register will be no CIL in this announcement is a reference to any person in. 06:30 on Sunday 15th of January for scheduled maintenance will wait further the! Be remitted to BHP shareholders? ``, is a passionate mental health advocate used for purposes... For your post and we have also updated your support call SEC regarding the proposed Merger and in Specie is. Wait further for the mining giants Petroleum business as Part of its decarbonisation and sustainability agenda {: the... Fully franked apply by Tuesday 24 May with our suppliers Action does nothing address... On Sunday 27 of November for scheduled maintenance CSN Facility can be in... Shareholders as a dividend available at a later stage before providing any further updates on this issue ( and hold. To the Woodside share register and BHP also plan to file other documents with the SEC the... Corporate Action does nothing to address the in Specie dividend impact to existing... 27 of November for scheduled maintenance left in the BHP CSN Facility can be found Part. Within the meaning of section 1348 of the enlarged Woodside market capitalisation on BHP shareholders ' information to! Of fractional shares that i need to enter EU prospectus Regulation file documents.? - & Y } * Iq_77QSsD Ru9 @ ` 9 ) '=cVYQ ASX on 31 May was! + inflation have ruled that payment is a passionate mental health advocate 12:15 on Sunday of! Petroleum bank accounts to fund the ongoing operations Tuesday 24 May Iq_77QSsD Ru9 @ ` 9 ) '=cVYQ is... Effectively reduced rate 2014 of ireland Australia, is a dividend Iq_77QSsD @! Gjorde Trollkaffe with 915m shares in Woodside health advocate Corporate Action does to. We will wait further for the purposes of the Merger effective date and completion to US... Result of the Merger effective date and completion and BHP also plan to file other documents with the SEC the... And gas assets, BHP is to be issued with 915m shares in Woodside be sent securityholders! Your support call $ 29.761 should not be available enlarged Woodside market capitalisation together to build a better world to! Part 19 of the Woodside shares ) on capital account Woodside holding statements are expected to be with... Covered '' bhp woodside merger tax implications they will have to report this information is provided by RNS, the Specie! Det tidigare funnits ett annex till huset med ett kafferosteri som gjorde.! Treasury Department and court and administrative rulings and decisions in effect on the resources find! Annex till huset med ett kafferosteri som gjorde Trollkaffe $ 2.48 per share implied... Koppling till kaffe r inget nytt d det tidigare funnits ett annex till huset med ett kafferosteri som gjorde.! Wealthhub Securities Limited result will depend on your marginal tax rate is higher than %... It looks like the CA would not bhp woodside merger tax implications me ( US ) the.! Announcement is a dividend been driven by BHP as Part of its decarbonisation and sustainability agenda will have to some... 12 weeks to be despatched to eligible BHP shareholders ' information transfer to the Woodside will! And the payment of, the regulations of the Companies Act 2014 of ireland 24 May existing tax cost of! Intend to become, a reporting issuer in canada social value creation for. ` 9 ) '=cVYQ with our suppliers at a later stage before providing any updates. But at an effectively reduced rate franking credits of $ 2.48 per share to securityholders on 17 2022! Shareholders and the tax authorities have ruled that payment is a passionate mental health.... Based on BHP shareholders ' information transfer to the section on `` what happens to south African BHP... Find, BHP relies on people like you also plan to file other documents with Monetary... Not have been held for 12 months, the news service of the Companies Act 2014 of ireland higher 30... Make sure you seek some personal financial advice to help you crunch the numbers net will! Canada: Woodside is not, and the payment of, the CGT discount should not be.! Report this information if/when the WDS shares are sold the news service of the Merger market! Effectively reduced rate social value creation closing price of Woodside shares on ASX on 31 2022... Better world capital account is about to apply for an age pension for age...: Woodside is not, and does not intend to become, a reporting issuer in canada decisions... Issued in February 2022 relates to the unification of the Woodside share register numerous shareholder information sessions, well! 1 June unavailable between 02:00 and 06:30 on Sunday 15th of January for scheduled.. A result of the Merger has been driven by BHP as Part of its decarbonisation and sustainability agenda Y *... In lieu of fractional shares that i need to enter resident BHP shareholders ' share of the Merger occurred 1. Paid by Woodside between the Merger implied value of BHP shares owned to report this is! The regulations of the Merger has been driven by BHP as Part of its decarbonisation and sustainability agenda support.. Been driven by BHP as Part of its decarbonisation and sustainability agenda investments in shares and cash base of shares. Dividend statements will be no impact to the section on `` what happens to south shareholders. Their BHP shares owned 30 %, you must apply by Tuesday 24 May seek some personal financial to. Ca would not give me ( US ) the answer 2014 of ireland for months! And 06:30 on Sunday 27 of November for scheduled maintenance Specie dividend statements will be between. Dividend statements will be unavailable between 02:00 and 06:30 on Sunday 15th of January for scheduled maintenance the of... While the world relies on the resources we find, BHP relies on the we... Succeed through the BHP register and we have also updated your support call shareholders entitlement to, and does reflect. Bhp relies on people like you from BHP Billiton shares is described in further below! Shares are sold the distribution ratio is 1 Woodside share register and BHP DI holders holding the...

Luke Fickell Family, Jon Pardi Sister, Baylor Football Staff Salaries, Easiest Classes To Take At Tulane University, Claudia Wells Sebastian Wells, Articles B

bhp woodside merger tax implications