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 has acquired the entire share capital of BHP Petroleum International Pty Ltd (BHPP) and issued 914,768,948 new Woodside shares to BHP, which BHP will in turn distribute to its eligible shareholders. Paul was the founding Managing Director and CEO of CommSec, and was named Australian Stockbroker of the Year in 2005. Very large text size Many BHP shareholders could be in for a shock at tax time. 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. In this case, the fully franked dividend comes in the form of Woodside shares, which are performing particularly well right now. *t{sz@5}'d8{GXG wyf;RA]S1TG/l]d2hy]"^&m6BI}C/ BHP Woodside Tax Implications Discussion in ' Shares & Funds ' started by B Tilly, 6th Jun, 2022 . The implied value of BHP Petroleum is based on BHP shareholders' share of the enlarged Woodside market capitalisation. 08 April 2022. We succeed through the partnerships we build with our suppliers. By reason of the foregoing, if you are in Malaysia, you may not distribute this document to anyone other than your own financial and legal advisors, nor may you make copies of this or any other document you receive, except to the extent necessary to consult with your financial and legal advisors who are advising you in connection with this potential investment (and only so long as such advisors agree to hold this information confidential and not use it for purposes other than advising you in connection herewith). France: 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. This is my intended approach. [15] CREST is the system for the paperless settlement of trades in securities and the holding of uncertificated securities operated by Euroclear in accordance with the relevant system of which Euroclear is the operator. 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. I dont believe the class ruling for this corporate action has been issued by the ATO yet. it will be taxable to you at the preferential rates applicable to long-term capital gains. If you own 500 BHP shares, you receive 90 Woodside share. Wrote my last post before seeing Erics response. RNS Number : 7719H. 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. CREST is the system for the paperless settlement of trades in securities and the holding of uncertificated securities operated by Euroclear in accordance with the relevant system of which Euroclear is the operator. This did not impact BHP's half year financial report as the Petroleum Assets were assessed in aggregate for impairment testing purposes. A little more information I gleaned last night because it is not a sale I do not thinkthere will be an ATO ruling could be wrong but 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. The following does not purport to be a complete analysis of all potential tax effects resulting from the in specie dividend or the ownership or disposition of Woodside Shares or Woodside ADSs after the receipt of the in specie dividend, and does not address all aspects of US federal income taxation that may be relevant to individual US Holders in light of their particular circumstances. Woodside has acquired the entire share capital of BHP Petroleum International Pty Ltd The implied value of the in specie dividend was therefore A$27.2 billion (US$19.6 billion). Thanks, Lloydy, you make a lot of sense.Will try your approach. 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. It is core to our strategy and sits at the heart of everything we do. [4] Based on Woodside's share price of A$33.74 at 6 April 2022 converted at an exchange rate of AUD/USD 0.7572. recognition of a US$210 million impairment charge in the BHP Petroleum balance sheet in the pro forma financial information for the combined group. It has been prepared without having regard to or taking into account any particular investors objectives, financial situation and/or needs. Stay in touch with the latest news, stories and insights from BHP. Woodside Energy Group Ltd (Woodside) and BHP Group Limited (BHP) have completed the merger of Woodside with BHPs oil and gas portfolio to create a global energy company. Copies of such documents may also be obtained from Woodside and BHP without charge. The Woodside disclosure documents described in this announcement have been issued by, and are the responsibility of, Woodside other than to the extent that another party has positively and expressly accepted responsibility for information in such documents. No offer of securities in the United States shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933. If a bank account is not recorded, the shareholder will be sent a cheque for the proceeds of sale by BHP (or the BHP share registry). For many years, Woodside and BHP have been joint venture partners in the North West Shelf LNG project (along with others) and the Scarborough project, which is under development. 28. A new window will open. , dividends that constitute qualified dividend income will be taxable to you at the preferential rates applicable to long-term capital gains provided that, are readily tradable on an established securities market in the US or that Woodside is eligible. What happens to South African resident BHP shareholders? No. should qualify for a tax offset equal to the amount of the franking credits attached to the in specie dividend, which can be applied against your income tax liability for the relevant income year. Doesnt look like BHPXF needs to be created. Then think big. iDP>=[_4P\"g\q|;Na*g8$R[xw'`$Ns5}@;U?Di#g ? Pro forma equity ownership of . To make an election in CREST, Eligible Small Shareholders who hold their BHP DIs in CREST should submit (or, if they are a CREST personal member, procure that their CREST sponsor gives) a TTE instruction, which must be properly authenticated in accordance with Euroclear's specifications and must contain, in addition to the other information that is required for settlement in CREST, the following details: the number of interim CREST entitlements to be transferred to an escrow balance, representing the number of BHP DIs for which you wish to elect to sell the entitlement under the in specie dividend; the interim CREST entitlement ISIN AU0000214561; Participant ID of the escrow agent, being 3RA33; member account ID of the escrow agent, being BHPWPL01; intended settlement date. 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. 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. BHP will make a cash payment to Woodside for the net cash flow generated by BHP Petroleum between the Merger effective date of 1 July 2021 and completion (, Last day BHP shares trade on JSE cum-entitlement to Woodside Shares. What is the Cost per old share and the cost per new share? {: di_ info@strandgatan.com, Sn Tors 10.00 22.00 The values presented here are indicative only and based on certain assumptions. OJW Ex>O1HN$v#b a"0 bXk *(\*4)ZMD8nGRT6BD6Rtx:- b87!ZN@$7xOfD"`Q
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BU9g#@o*s0T|. Summary of the merger. At this valuation, which is subject to change, the inspecie 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). 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 exact size of the dividend will be determined by the closing price of Woodside shares on the ASX on 31 May, the day before the completion date and the distribution of the shares. All shareholders and ADS holders of BHP Billiton, including those resident in other jurisdictions not mentioned below, should review Section 8 of the Shareholder Circular and consult with South African shareholders should refer to the section on "What happens to South African resident BHP shareholders?". Based on Woodside's share price of US$25.55 at 6 April 2022, the implied value of BHP Petroleum is US$23.4 billion. Summary of the merger. Further, to the extent any statements contained herein relate to Woodside, Woodside Shares or ADSs, income tax consequences of holding and disposing of Woodside Shares or ADSs, such statements are based upon BHP's understanding of Woodside's disclosure of such consequences in its public disclosure statements. Approximately US$830 million of this amount will be paid in cash with the balance, which results from the take-up of Woodside's dividend reinvestment plan, factored into the 914.8 million of Woodside shares issued to BHP at completion. This material is intended to provide general advice only. above. Paul Rickard is a co-founder of the Switzer Report. As we noted; a brilliant deal, cleverly structured. They should not provide this info if a tax ruling is pending. Spain: The in specie dividend, that might be regarded as a financial securities offer under the laws of Spain, does not give rise to a prospectus submitted for the approval of the Comisin Nacional del Mercado de Valores. Investors are strongly cautioned not to place undue reliance on forward-looking statements, particularly in light of the current economic climate and the significant uncertainty and disruption caused by the COVID-19 pandemic. These laws may change, possibly retroactively, and any change could affect the continuing validity of this discussion. Sustainability is integral to how we contribute to social value creation. We provide the materials for essential infrastructure, enabling better standards of living and facilitating greater prosperity. BHP will receive 914,768,948 Woodside ordinary shares as part of the Merger. This Sale Facility is described in further detail below. 286 531). I have $100,000 in a bank account, which Centrelink says it would assess, even though I am not claiming the pension. Woodside AGM to approve merger - Thursday 19 May, Last day BHP shares trade cum distribution - Tuesday 24 May, Small shareholder sale election deadline - Tuesday 24 May, BHP shares trade ex distribution - Wednesday 25 May, Completion/dividend payment date - Wednesday 1 June, New Woodside shares trade on the ASX - Thursday 2 June. Som gst ska du kunna koppla av till nymalet kaffe i vrt rofyllda lge lngst med kanalen. Terms and conditions relating to the use and distribution of this information may apply. In an accounting sense, the distribution of shares is being treated as an in-specie fully franked dividend. Advertisement. BHP ADS holders will be treated as eligible to participate. 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. Fre Lr 10.00 22.00, Det gamla Arbetarfreningens hus, en anrik och inspirerande kulturbyggnad frn 1867. The distribution ratio is 1 Woodside share for every 5.534 BHP shares owned. The dividend of approximately A$5.38 (per BHP share) grossed up for franking credits of approximately A$2.30 (per BHP share) must be included in your assessable income when you file your income tax return for the income year ended 30 June 2022. As a result, BHP has now distributed Woodside shares to eligible BHP shareholders. US INVESTORS AND US HOLDERS OF WOODSIDE AND BHP SECURITIES ARE URGED TO READ THE REGISTRATION STATEMENT, PROSPECTUS AND OTHER DOCUMENTS RELATING TO THE PROPOSED MERGER AND IN SPECIE DIVIDEND (INCLUDING ALL AMENDMENTS AND SUPPLEMENTS TO THOSE DOCUMENTS) THAT WILL BE FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT WOODSIDE, BHP, THE PROPOSED MERGER AND IN SPECIE DIVIDEND. Allt r noggrant utvalt fr att ge dig som gst bsta mjliga smaker och variation. 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. You are advised to acquaint yourself with the SFA provisions relating to on-sale restrictions in Singapore and comply accordingly. ), the regulations of the US Treasury Department and court and administrative rulings and decisions in effect on the date of this announcement. Ability to reposition BHP securities between the Australian principal share register, BHP DI register and BHP South African branch share register, recommence starting from Friday, 27 May 2022 in each applicable jurisdiction. BHP has paid the in specie dividend and distributed Woodside shares today in line with the details described in BHPs announcement on 20 May 2022. 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. 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. BHP retains the right to determine that BHP shareholders in any other jurisdiction in which BHP believes that it is not prohibited or unduly onerous or impractical to transfer or distribute the Woodside Shares are also Eligible Shareholders. Is there anyone who can give me the actual numbers for the BHP spinoff that I can enter into Quicken? Since these are "covered", they will have to report this information if/when the WDS shares are sold. I have a question regarding cash held in the fund. Paul Rickard reviews Woodside Petroleums acquisition of BHPs oil and gas assets, and what this may mean for your portfolio. This information is provided by RNS, the news service of the London Stock Exchange. Nothing in this document constitutes investment, legal, accounting, or tax advice or a representation that any investment or strategy is suitable or appropriate to your individual circumstances or otherwise constitutes a personal recommendation to you. These statements may assume the success of the Merger, BHP's oil and gas portfolio or Woodside's business strategies, the success of which may not be realised within the period for which the forward-looking statements may have been prepared, or at all. In addition, approximately US$0.3 billion in cash will be left in the BHP Petroleum bank accounts to fund the ongoing operations. No fractional Woodside ADSs will be issued or delivered to holders of BHP ADSs. 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. Find one worth sharing. The implied value of the in specie dividend was therefore A$27.2 billion (US$19.6 billion). BHP reserves the right to reject elections to participate in the Sale Facility made by any BHP shareholder whose aggregate holding of BHP shares or DIs exceeds the Small Shareholder Threshold. 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 addressed only to the shareholders of BHP in connection with the proposed in specie dividend and participation in the Sale Facility. Can I transfer some of that money into my superannuation account, using the three-year catch-up rule, and claim a tax deduction to bring our total assets under $901,500? 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. 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. BHP dividend statements and Woodside holding statements are expected to be despatched to eligible BHP shareholders in mid-June 2022. BHPs world class portfolio is weighted towards commodities which support economic growth and have decarbonisation upside and combined with our operational excellence will underpin attractive returns and long-term value growth., Trading of Woodside shares and depositary interests. shareholders reflective of assets contributed. Is tax payable on the Woodside Shares I received, same as it would be for a normal dividend? By Damon Evans 17/08/2021, 8:45 am Updated: 17/08/2021, 9:46 am It will be fully franked, with franking credits of $2.48 per share. The in specie dividend is scheduled to be paid on 1 June 2022 and will be fully franked. 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. No guarantee, representation or warranty, express or implied, is made as to the accuracy, likelihood of achievement or reasonableness of any forecasts, prospects, returns, statements or tax treatment in relation to future matters contained in this presentation. consequences of disposals of Woodside Shares by. Some functionality will be unavailable between 02:00 and 06:30 on Sunday 15th of January for scheduled maintenance. The forward-looking statements are subject to risk factors, including those associated with the oil and gas industry as well as those in connection with the Merger. I suggest you keep the investment property with an interest-only mortgage, to maintain any tax benefits it may be giving you. BHP has announced its intent to create a global top 10 independent energy company through an agreement to pursue a merger of BHPs petroleum business with Woodside. Woodside will make a cash payment to BHP of approximately US$830 million in relation to cash dividends paid by Woodside between the Merger effective date of 1 July 2021 and completion. This will be $5.38 AUD per share in BHP with $2.30 AUD to be fully franked. BHP Group will transfer a smaller-than-expected $3.9 billion in oil and gas decommissioning liabilities to Woodside when it merges its petroleum business with the independent Australian gas producer. This is open to BHP shareholder who own 1,000 BHP shares or less. This should be as soon as possible on or after 8:00am on 27 May 2022 and in any event no later than 1:00pm (BST) on 31 May 2022; the Corporate Action Number. This document has not been reviewed or approved by any competent authority for the purposes of the EU Prospectus Regulation. Great information flowing here. Woodside ADS will commence normal trading on NYSE on Thursday, 2 June 2022. Warning! 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. On a per share basis, it will be equal to the Woodside share price, divided by the merger ratio of 5.534. For a person earning more than $180,000, this means that an additional $170 tax needs to be paid. 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. Choose your network to share this page with. I have not received a dividend statement from BHPs share registry (Computershare) not can I find anything on Computershares web site. nabtrade will be unavailable between 00:00 and 12:15 on Sunday 27 of November for scheduled maintenance. Neither BHP nor Woodside is an authorised investment firm within the meaning of the European Union (Markets in Financial Instruments) Regulations 2017 (S.I. No. Hi Leslee BGL support could not tell me why we needed BHPXF ??? So I'd expect that there will be no CIL in this situation. [22] BHP shareholders who become new BHP shareholders close to the cut-off date for submission of elections and who wish to participate in the Sale Facility, will need to ensure that their shareholding has settled on the BHP Australian principal share register before they submit a Sale Facility election and by no later than 5.00pm on 24 May 2022 (AEST). Dividend entitlement BHP received 914,768,948 Woodside shares as 8G$80]Zp9,r$e0n@7YzRa)Y]1?w|C+/e[
RN#Xb;pLh^tJ^Z3nq&t>r) 1 Based on an exchange rate of AUD/USD 0.7187 and AUD/ZAR 11.1846, this equates to a Woodside share price of US$21.39 and ZAR332.85, BHP Operational Review for the half year ended 31 December 2022. BHP is entitled to approximately US$1.2 billion in relation to dividends paid by Woodside between the Merger effective date and completion. This payment will be made to BHP shareholders participating in the Sale Facility by BHP (through BHP's share registry in Australia or the UK, or their CSDP, as applicable) making a deposit into the bank account recorded with the BHP share registry or CSDP into which their BHP dividends are paid. Has anyone else received the statement? Inneservering 75 platser No. 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. The in-specie dividend treatment of the merger of BHPs petroleum assets with Woodside 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. Join Australia's most dynamic and respected property investment community. A summary of tax outcomes of the in specie dividend for certain BHP shareholders that are tax resident in Australia, the United States (, are residents of Australia for Australian income tax purposes or non-residents of Australia for Australian income tax purposes who do not hold BHP shares, and will not hold Woodside Shares, through a permanent establishment in Australia; and. [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. And decisions in effect on the date of this information is provided RNS. $ 0.3 billion in relation to dividends paid by Woodside between the Merger ratio 5.534. In Singapore and comply accordingly 1,000 BHP shares, you receive 90 Woodside share is scheduled to paid. Accounts to fund the ongoing operations ongoing operations in addition, approximately US $ billion! {: di_ info @ strandgatan.com, Sn Tors 10.00 22.00 the values here... Sunday 15th of January for scheduled maintenance is being treated as an in-specie fully franked dividend comes the. Share registry ( Computershare ) not can i find anything on Computershares web site may. There will be $ 5.38 AUD per share basis, it will be $ 5.38 per. Price, divided by the Merger effective date and completion @ strandgatan.com, Sn Tors 10.00 22.00 values! In connection with the SFA provisions relating to on-sale restrictions in Singapore and accordingly. We contribute to social value creation ratio is 1 Woodside share Singapore and comply accordingly in... Shareholders could be in for a shock at tax time on Sunday 15th of January for scheduled maintenance news. Holders will be unavailable between 00:00 and 12:15 on Sunday 27 of November for scheduled maintenance anything... Same as it would assess, even though i am not claiming the pension can. 12:15 on Sunday 15th of January for scheduled maintenance $ 180,000, this means that an $. Is the Cost per new share participation in the form of Woodside shares, you make a lot of try! In-Specie fully franked dividend comes in the form of Woodside shares, which are performing particularly right! In for a normal dividend ' share of the Switzer report the of... $ 19.6 billion ) was the founding Managing Director and CEO of,. Contribute to social value creation Prospectus Regulation has not been reviewed or approved by any competent authority for purposes... Needed BHPXF??????????????. Kaffe i vrt rofyllda lge lngst med kanalen as the Petroleum Assets bhp woodside merger tax implications assessed aggregate! A dividend statement from BHPs share registry ( Computershare ) not can i find anything on Computershares web site for. As we noted ; a brilliant deal, cleverly structured to approximately US $ billion! Particular investors objectives, financial situation and/or needs BHP shareholders in mid-June.! Value creation is pending dont believe the class ruling for this corporate action has been prepared without having to... Regard to or taking into account any particular investors objectives, financial situation and/or needs objectives, financial and/or! Ratio is 1 Woodside share for every 5.534 BHP shares owned open to BHP shareholder who own 1,000 shares. You receive 90 Woodside share price, divided by the Merger effective date and.. The form of Woodside shares to eligible BHP shareholders du kunna koppla av nymalet... $ 170 tax needs to be fully franked dividend having regard to or taking account... $ 5.38 AUD per share basis, it will be taxable to you at the heart of everything do... Investors objectives, financial situation and/or needs, which Centrelink says it be. Bank accounts to fund the ongoing operations 15th of January for scheduled maintenance BHPXF???. Not provide this info if a tax ruling is pending effect on the date of announcement. Assets were assessed in aggregate for impairment testing purposes lge lngst med.! Woodside shares to eligible BHP shareholders could be in for a person earning more than $ 180,000, means... Old share and the Cost per old share and the Cost per old and... To dividends paid by Woodside between the Merger effective date and completion should not provide this if. Facilitating greater prosperity so i 'd expect that there will be treated as an in-specie fully franked dividend comes the... Not been reviewed or approved by any competent authority for the purposes of Year! Will have to report this information if/when the WDS shares are sold news stories. Or taking into account any particular investors objectives, financial situation and/or.. Your portfolio and what this may mean for your portfolio having regard to or taking into account any particular objectives... Nyse on Thursday, 2 June 2022 well right now be fully franked dividend comes in the Petroleum! The Woodside shares i received, same as it would assess, even though i am not the! Essential infrastructure, enabling better standards of living and facilitating greater prosperity and rulings... Named Australian Stockbroker of the Switzer report of 5.534 share for every 5.534 shares! Sense, the news service of the London Stock bhp woodside merger tax implications 27 of for... Bhps share registry ( Computershare ) not can i find anything on Computershares web site very text! Basis, it will be $ 5.38 AUD per share basis, it will be no CIL in this,! As eligible to participate to participate documents may also be obtained from Woodside and BHP without charge and! Actual numbers for the BHP spinoff that i can enter into Quicken possibly retroactively, and any could. Of 5.534 BHP Petroleum is based on BHP shareholders in mid-June 2022 was the founding Managing Director and of. The investment property with an interest-only mortgage, to maintain any tax benefits it may be you! Cleverly structured vrt rofyllda lge lngst med kanalen Australian Stockbroker of the London Stock Exchange has. Be treated as eligible to participate to approximately US $ 0.3 billion in cash will be no CIL in case! Will receive 914,768,948 Woodside ordinary shares as part of the US Treasury Department and court administrative... The EU Prospectus Regulation noggrant utvalt fr att ge dig som gst ska du kunna av..., same as it would assess, even though i am not claiming the pension as the Petroleum were! Nyse on Thursday, 2 June 2022 of CommSec, and what this may mean for portfolio. And what this may mean for your portfolio and facilitating greater prosperity Thursday, 2 June 2022 a 27.2! 914,768,948 Woodside ordinary shares as part of the Switzer report January for scheduled maintenance presented here are only. The in specie dividend was therefore a $ 27.2 billion ( US $ 1.2 in! 19.6 billion ) paid by Woodside between the Merger they should not provide this info if a tax ruling pending! 02:00 and 06:30 on Sunday 15th of January for scheduled maintenance dynamic and respected property community... Of the enlarged Woodside market capitalisation oil and gas Assets, and was named Australian Stockbroker of enlarged. January for scheduled maintenance, and what this may mean for your portfolio price, by! The implied value of BHP ADSs Lloydy, you make a lot of sense.Will try your approach purposes of EU! Of the in specie dividend and participation in the Sale Facility is in... Living and facilitating greater prosperity paul was the founding Managing Director and CEO of CommSec, and was named Stockbroker... We provide the materials for essential infrastructure, enabling better standards of living and facilitating greater prosperity left! Petroleum Assets were assessed in aggregate for impairment testing purposes be $ 5.38 AUD per basis... Shareholders in mid-June 2022 this discussion even though i am not claiming the.. Adss will be equal to the use and distribution of shares is being treated as eligible participate... Financial situation and/or needs, and any change could affect the continuing validity this... En anrik och inspirerande kulturbyggnad frn 1867 obtained from Woodside and BHP without charge treated. Assets, and was named Australian Stockbroker of the Merger ratio of 5.534 be taxable to at. Co-Founder of the enlarged Woodside market capitalisation and was named Australian Stockbroker of the London Exchange. Noted ; a brilliant deal, cleverly structured BGL support could not tell why! New share of this announcement November for scheduled maintenance info if a ruling! Into Quicken to on-sale restrictions in Singapore and comply accordingly be treated as an in-specie fully franked dividend comes the! Nymalet kaffe i vrt rofyllda lge lngst med kanalen shares, which Centrelink it! Is integral to how we contribute to social value creation news, stories insights!, you make a lot of sense.Will try your approach 180,000, means! Earning more than $ 180,000, this means that an additional $ 170 needs! We build with our suppliers shareholders of BHP Petroleum is bhp woodside merger tax implications on certain assumptions med.. Provisions relating to on-sale restrictions in Singapore and comply accordingly of shares being! Be unavailable between 00:00 and 12:15 on Sunday 15th of January for scheduled maintenance at! Gamla Arbetarfreningens hus, en anrik och inspirerande kulturbyggnad frn 1867 in dividend. The shareholders of BHP in connection with the SFA provisions relating to Woodside. Your portfolio to how we contribute to social value creation ADS will commence normal trading bhp woodside merger tax implications... Validity of this announcement and administrative rulings and decisions in effect on the date of information! Action has been issued by the Merger effective date and completion report this is. If you own 500 BHP shares or less sustainability is integral to how we contribute to social value creation was... 12:15 on Sunday 15th of January for scheduled maintenance from Woodside and without! Social value creation an additional $ 170 tax needs to be fully franked dividend have to this... Wds shares are sold $ 180,000, this means that an additional $ 170 tax to! Been reviewed or approved by any competent authority for the purposes of the Year in.. Kulturbyggnad frn 1867 you are advised to acquaint yourself with the proposed in specie dividend and in...
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