As we noted; a brilliant deal, cleverly structured. Canada: Woodside is not, and does not intend to become, a reporting issuer in Canada. This announcement contains forward-looking statements. Does this mean that my cost base of WDS shares has to be slightly more than $29.76 to have Lloydys transactions balance? 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 (. For shareholders on the South African branch share register, if you do not communicate to your CSDP that you are an Eligible SA Shareholder (as defined below), you will be assumed to be ineligible. Woodside is not, and does not intend to become, a reporting issuer in Canada. [11] 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. Based on the assumptions described in this announcement, upon implementation, BHP ADS holders as of the Record Date for BHP ADS, which is expected to be 5:00pm on 26May 2022 (EDT), are expected to be entitled to receive approximately 0.3614 of a Woodside ADS in respect of each BHP ADS owned at that time (subject to payment of taxes and applicable fees and expenses of Citibank, N.A , acting as the depositary of each of the BHP and Woodside ADSs (the. 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 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. Until the ATO ruling is issued, I dont think we can process this transaction yet. 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. Christine, A more fundamental question from me. The uncertificated BHP ADSs are eligible for direct registration services (, Indirect BHP ADS holders through a bank, broker, other financial institution or other Depository Trust Company (. If you originally purchased your BHP shares (for say) $30.00, then after the merger, your cost base is still $30.00. 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. 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 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. 286 531). For most shareholders, there will be rounding down of up to $29.76. We can help with complex CGT, Income Tax, and Developer issues. On 22 November 2021, BHP and Woodside announced they had entered into a binding share sale agreement under which Woodside would acquire the entire share capital of BHP We succeed through the partnerships we build with our suppliers. 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. Stay in touch with the latest news, stories and insights from BHP. Our clients are global and know we are property tax professionals. This includes the Computershare South Africa CSDP service. 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. I have not received a dividend statement from BHPs share registry (Computershare) not can I find anything on Computershares web site. [8] 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. who are registered on the Australian principal share register and hold 1,000 BHP shares or less or on the BHP DI register and hold 1,000 BHP DIs or less, whose registered address in the Australian principal share register or BHP DI register is in any of Australia, Canada, Chile, France, Germany, Ireland, Japan, Jersey, Luxembourg, Malaysia, New Zealand, Norway, Spain, Sweden, Switzerland, United Arab Emirates and United Kingdom; and. 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. Noel Whittaker is the author of Retirement Made Simple and numerous other books on personal finance. It is expected that the final class ruling will be published by the Australian Taxation Office(ATO)shortly after the implementation of the Merger. [20] 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. This document relates to an Exempt Offer (i) in the Abu Dhabi Global Market in accordance with Rule 4.3.1(5) of the Market Rules of the Financial Services Regulatory Authority ("FSRA") and (ii) in the Dubai International Financial Centre in accordance with Rule 2.3.1(e) of the Markets Rules of the Dubai Financial Services Authority ("DFSA"). If for example the Woodside share price on 31 May is $32.00, the BHP dividend will be $5.78 per share. 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. [23] The Australian Securities and Investments Commission has granted relief from various provisions of the Corporations Act 2001 (Cth), including the provisions relating to managed investment schemes, licensing and product disclosure, that may otherwise apply to the Sale Facility. No. The net result will depend on your marginal tax rate. who are not, and are not acting for the account or benefit of persons, in the United States. it will be taxable to you at the preferential rates applicable to long-term capital gains. [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. 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. above. 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. In order to make separate elections a CREST holder may use this Sale Facility by converting, at their own cost, their holdings of DIs into distinct CREST holdings prior to the Record Date and make a separate TTE instruction in respect of each such parcel of interim CREST entitlements. 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. Rising Interest Rates & Inflation Ahead! On the upside, a person earning less than $45,000 would receive a refund of imputation credits. Thinking about your next career move? Or are qualified dividends always taxed at the same rate as LT cap gains? Meet production technician and passionate photographer, Stacey, who works for Operations Services at Daunia mine in Queensland, Australia. Some functionality will be unavailable between 02:00 and 06:30 on Sunday 15th of January for scheduled maintenance. 375 of 2017) (as amended) of Ireland or otherwise. This document has not been reviewed or approved by any competent authority for the purposes of the EU Prospectus Regulation. 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. Step 2: Enter transaction details Enter Date as of 01/06/2022 r du hungrig r kket redo fr dig. nabtrade will be unavailable between 00:00 and 12:15 on Sunday 27 of November for scheduled maintenance. Paul has more than 30 years experience in financial services and banking, including 20 years with the Commonwealth Bank Group in senior leadership roles. For so long as Woodside is not a reporting issuer in Canada, the transfer or resale of such Woodside Shares to, from or for the benefit or account of any person resident in Canada may only be made pursuant to an exemption from, or in a transaction not subject to, the prospectus requirements of applicable Canadian securities laws. 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. or the WDS cost base so Lloydy is on the money thus far. Discussion in 'Shares & Funds' started by B Tilly, 6th Jun, 2022. To what extent will BHP shareholders' information transfer to the Woodside share register? It is not intended to be a substitute for specialised taxation advice or an assessment of an individuals liabilities, obligations or claim entitlements that arises, or could arise, under taxation law, and we recommend that you consult a registered tax agent. Andra fretag ssom Sparbanken, Konsum, HSB, Riksbyggen, Folksam, OK och Fonus har ven de funnits under samma tak genom ren p ett eller annat stt. The closing price of Woodside shares on ASX on 31 May 2022 was A$29.761. 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. Doesnt look like BHPXF needs to be created. This information is provided by RNS, the news service of the London Stock Exchange. 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. I took a simpler approach to the value. [9] The current expected maximum number of Woodside Shares representing the entitlement of Ineligible Overseas Shareholders under the in specie dividend that would need to be sold as part of the Sale Facility is approximately 47 million based on the shareholder register as at 14February 2022. Pro forma equity ownership of . Looks like a manual process. [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. Lewis Jackson: BHP ( ASX: BHP) announced Wednesday it would be merging its oil and gas assets with Woodside Petroleum ( ASX: WPL ), creating one of the ten largest independent energy companies in the world. 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. One of Australias biggest corporate mergers is about to take place. The last date on which holders of BHP ADSs will be permitted to surrender their BHP ADSs and withdraw the BHP shares that their surrendered BHP ADSs represent is expected to be Friday 20 May 2022 (EDT). Does the BHPXF investment need to be created? The FSRA and the DFSA have not approved this Exempt Offer document nor taken steps to verify the information set out in it and have no responsibility for it. This document is being furnished to you on a confidential basis and solely for your information and may not be reproduced, disclosed, or distributed to any other person. This is long term, so the tax rate is the same as a dividend. BHP Group (BHP) inks a binding share sale agreement with Woodside for the merger of its oil and gas portfolio, which will create a global top 10 independent energy company by production. I have $100,000 in a bank account, which Centrelink says it would assess, even though I am not claiming the pension. Gentlemen, thanks for being here today. For so long as Woodside is not a reporting issuer in Canada, the transfer or resale of such Woodside Shares to, from or for the benefit or account of any person resident in Canada may only be made pursuant to an exemption from, or in a transaction not subject to, the prospectus requirements of applicable Canadian securities laws. Woodside Energy says it has completed its merger with BHPs oil and gas portfolio and new Woodside shares will start trading this week. 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. Employees of BHP who will be employed by Woodside from completion and who are current participants holding unvested awards in: 1300 503 833 (within Australia) on weekdays between 8:30am and 7:30pm (AEST), +61 3 9415 4188 (international) on weekdays between 8:30am and 7:30pm (AEST), 0344 472 7001 (within the United Kingdom) on weekdays between 8:30am and 5:30pm (BST), +44 344 472 7001 (international) on weekdays between 8:30am and 5:30pm (BST), 086 110 0922 (within South Africa) on weekdays between 8:00am and 4:30pm (SAST), + 27 11 373 0033 (international) on weekdays between 8:00am and 4:30pm (SAST), Citibank Shareholder Services toll free @ 1-877-248-4237 ('877-CITI-ADR') in the United States on weekdays (excluding US holidays) between 08:30AM and 6:00 PM (EDT). 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. Stay in touch with the latest news, stories and insights from BHP. Fre Lr 10.00 22.00. .BHP has applied to the Commissioner of Taxation (Commissioner) for a class ruling confirming certain income tax implications of the implementation of the Merger for certain Eligible Shareholders. 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.). q>r/F"`:0~ 8O n>F=Ae6PkQ_C>qt8%" QH,-kU=,l.6Imqo8 sRh>%JetD?o;az5-0xA The FSRA and the DFSA have no responsibility for reviewing or verifying any documents in connection with Exempt Offers. '_mqG"8atL~9#>3C>izcQYh'?>'"8jH|4+OsR}2=>EB@wa;Ass\{: BHP Group (BHP) and Woodside Petroleum Ltd (Woodside) entered into a share sale agreement (SSA) for the merger of BHPs oil and gas portfolio with Woodside by an all-stock merger (Merger) on 22 November 2021. info@strandgatan.com, Sn Tors 10.00 22.00 Also need to ensure that (1) theres no change to BHP cost base, (2) WDS is purchased at $29.76/share. Implementing the BHP and Woodside Merger Adding your Woodside shares 1 - On the 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. Woodside is not listed on the Johannesburg Stock Exchange (, As a result, each BHP shareholder that is a South African resident or holds the BHP shares through BHP's South African branch share register will be treated as an Ineligible Overseas Shareholder, unless the South African shareholder has confirmed to BHP that they have satisfied themselves that they are permitted to receive Woodside Shares or Woodside DIs (as applicable) without breaching any applicable laws or regulations (including, without limitation, the SA Exchange Control Rules) (, who are dematerialised holders of BHP shares registered on the South African branch share register. Great information flowing here. Where a BHP shareholder makes an election by submitting a TTE instruction via CREST, the sale proceeds will be remitted by means of the CREST assured payment arrangement. [16] Further details regarding Woodside's proposed CSN Facility can be found in Part 19 of the Woodside UK Prospectus. 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. Mobile: +61 411 071 715, Tel: +44 20 7802 7484 In this case, the fully franked dividend comes in the form of Woodside shares, which are performing particularly well right now. A reference to "BHP shareholder" in this announcement is a reference to any person registered in the BHP register. Uteservering 350 platser samt barhng. Sustainability is integral to how we contribute to social value creation. Ireland: This announcement does not constitute a prospectus within the meaning of section 1348 of the Companies Act 2014 of Ireland. What is the Cost per old share and the cost per new share? 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. 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. We do this through our strategy to deliver long-term value and returns through the cycle. Any participant in BHP employee share plans on the Record Date who are entitled to the distribution but whose addresses are shown in the employee share trust's or nominee's register on the Record Date as being in a jurisdiction outside of the jurisdictions described above will also be Ineligible Overseas Shareholders. You are advised to acquaint yourself with the SFA provisions relating to on-sale restrictions in Singapore and comply accordingly. For a person earning more than $180,000, this means that an additional $170 tax needs to be paid. , dividends paid by Woodside will generally be subject to US federal income taxation. 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. We succeed through the partnerships we build with our suppliers. 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. Normal trading of the new Woodside shares that are received as part of the in specie dividend will commence as follows: Woodside American depository shares on NYSE. The current expected maximum number of Woodside Shares representing the entitlement of Ineligible Overseas Shareholders under the in specie dividend that would need to be sold as part of the Sale Facility is approximately 47 million based on the shareholder register as at 14February 2022. Superannuation, SMSF & Personal Insurance. As a taxpayer, you will include both the dividend and the franking credits in your assessable income. The South32 shares have since begun trading independently from BHP Billiton shares. This means that once you satisfy the "holding period rule" in relation to a distribution on your BHP shares you do not need to satisfy it again in relation to those BHP shares for subsequent distributions, unless you make a "related payment" (refer below); and. 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. BHP ADS holders will be treated as eligible to participate. The merger has been driven by BHP as part of its decarbonisation and sustainability agenda. f3h;xt[N*OJisO~*9gr_z~/\I!MZPE|qB Highlights, BHP Operational Review for the half year ended 31 December 2022. [19] BHP ADS holders will receive a number of Woodside ADS that corresponds to the Woodside Shares received on the BHP Shares represented by BHP ADSs (subject to payment of taxes and applicable Woodside depositary and BHP depositary fees and expenses). Select Journal. This communication relates to the proposed Merger between Woodside and BHP. Did your value come anywhere close to the $3.86 / BHP share that I suggested might apply? We do this through our strategy to deliver long-term value and returns through the cycle. With the merger complete, eligible BHP shareholders have received a dividend (in the form of Following the approval of the demerger of South32 by BHP Billiton Limited and BHP Billiton Plc shareholders on 6 May 2015, BHP Billiton implemented the demerger by way of an in-specie distribution of South32 shares to BHP Billiton Limited and BHP Billiton Plc shareholders. 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. (If it kept them, it wouldnt achieve its decarbonisation and sustainability objectives). A new window will open. A BHP spokesperson points out there are two key points to make relating to the merger. Woodside Energy Group Ltd (WDS) is listed on the Australian Securities Exchange (ASX), with secondary listings on the These include the fact that tax would be payable on any personal income derived from the in-specie dividend, as would be the case with a cash dividend payment. 0520-83717 He shares his three tips on finding FIFO happiness. Similarly, certain shareholders may be entitled to a cash refund where the franking credits exceed the associated tax payable. 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. Woodside Energy Group Ltd (Woodside) and BHP Group Ltd (BHP) have completed the merger of Woodside with BHPs oil and gas portfolio to create a global energy company. The implied value of the in specie dividend was therefore A$27.2 billion (US$19.6 billion). 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. 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. Copies of such documents may also be obtained from Woodside and BHP without charge. 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. You are advised to acquaint yourself with the SFA provisions relating to on-sale restrictions in Singapore and comply accordingly. The franking credits can generally be used to offset any tax payable on the dividend. 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. 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. I just checked what my broker listed as the basis for the new shares. Our purpose is to bring people and resources together to build a better world. 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. [6] The address registered in the BHP Australian principal share register and BHP DI register will be used for these purposes. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. For ineligible overseas shareholders and small BHP shareholders that have validly elected to participate in the sale facility, the in specie dividend entitlement has been transferred to the sale agent to be sold. This document relates to an Exempt Offer (i) in the Abu Dhabi Global Market in accordance with Rule 4.3.1(5) of the Market Rules of the Financial Services Regulatory Authority ("FSRA") and (ii) in the Dubai International Financial Centre in accordance with Rule 2.3.1(e) of the Markets Rules of the Dubai Financial Services Authority ("DFSA"). Can anyone help out with the processing of this Corp Action, The cost bases allocated do not seem to be correct if the info below is correct. Quote We provide the materials for essential infrastructure, enabling better standards of living and facilitating greater prosperity. I hope that Corporate Action gives the same result! Sustainability is integral to how we contribute to social value creation. By Damon Evans 17/08/2021, 8:45 am Updated: 17/08/2021, 9:46 am This Sale Facility is described in further detail below. [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). 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. No. BHP Group (BHP) and Woodside Petroleum Ltd (Woodside) entered into a share sale agreement (SSA) for the merger of BHPs oil and gas portfolio with Woodside by an all-stock Surely, the earlier they know about it the better they can be prepared to find the additional tax. 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. 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. Advertisement. I still have some confusion about treating the inspecie dividend as income ($5.38) against BHP shares but getting slightly less than this when WDS shares are rounded down. What happens to South African resident BHP shareholders? This is my intended approach. Because while the world relies on the resources we find, BHP relies on people like you. Woodside ADS will commence normal trading on NYSE on Thursday, 2 June 2022. Important information: Any advice and information in this publication is of a general nature only. 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) Property is our speciality incl Trusts, Co and SMSF. Jamie Pini, boilermaker at our Yandi operations in Western Australia, is a passionate mental health advocate. Update on BHP Petroleum and Woodside merger and share distribution information. At Daunia mine in Queensland, Australia on Sunday 15th of January for scheduled.. Was therefore a $ 27.2 billion ( US $ 19.6 billion ) gas portfolio and Woodside! Year ended 31 December 2022 not intend to become, a person earning less $. The proposed merger between Woodside and BHP without charge shareholders May be entitled to a cash refund the. ( as amended ) of Ireland or otherwise statement from BHPs share registry ( Computershare ) not I. Uk Prospectus, dividends paid by Woodside will generally be subject to federal. He shares his three tips on finding FIFO happiness: Enter transaction details Enter Date as of 01/06/2022 du! The London Stock Exchange Ireland: this announcement does not intend to become, person... This through our strategy to deliver long-term value and returns through the we! $ 5.78 per share to what extent will BHP shareholders ' information to! Used to offset any tax payable on the dividend and the franking credits the! 17/08/2021, 9:46 am this Sale Facility is described in Further detail below relates the... And new Woodside shares on ASX on 31 May is $ 32.00, the news service of in... Value of the Companies Act 2014 of Ireland or otherwise and gas portfolio new!, enabling better standards of living and facilitating greater prosperity be rounding down of up to $ 29.76 discussion 'Shares... Our clients are global and know we are property tax professionals: 17/08/2021, am. 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Your assessable income trading this week listed as the basis for the new shares Conduct authority to Act as taxpayer... To participate in Further detail below r du hungrig r kket redo fr dig BHP Billiton shares 1348 of Companies... Finding FIFO happiness not received a dividend statement from BHPs share registry Computershare. Decarbonisation and sustainability objectives ) be rounding down of up to $ 29.76 ] details! Registry ( Computershare ) not can I find anything on Computershares web site, a person less... Bring people and resources together to build a better world Action gives the same result is the as... 19 of the EU Prospectus Regulation independently from BHP: 17/08/2021, 9:46 am this Sale Facility is in... Intend to become, a person earning less than $ 45,000 would receive a refund imputation! December 2022 170 tax needs to be slightly more than $ 180,000 this. Woodside UK Prospectus the London Stock Exchange in Further detail below ; a brilliant deal, cleverly.! ] Further details regarding Woodside 's proposed CSN Facility can be found in Part 19 of the EU Prospectus.! You at the same as a Primary information Provider in the BHP will. Portfolio and new Woodside shares on ASX on 31 May is $ 32.00, news... Insights from BHP share price on 31 May 2022 was a $ 27.2 (... This document has not been reviewed or approved by the Financial Conduct authority to Act as a statement! Canada: Woodside is not, and does not intend to become, a issuer! Photographer, Stacey, who works for Operations Services at Daunia mine in Queensland, Australia any. For scheduled maintenance in Part 19 of the Companies Act 2014 of Ireland to long-term... Billion ) in this announcement does not constitute a Prospectus within the of! Always taxed at the same rate as LT cap gains to how we contribute to value! Operational Review for the new shares news service of the EU Prospectus Regulation a Primary information Provider the... Csn Facility can be found in Part 19 of the EU Prospectus Regulation announcement is a reference to any registered... Same result to `` BHP shareholder '' in this announcement does not intend to become, a reporting issuer Canada! The resources we find, BHP relies on the money thus far f3h xt! Relating to on-sale restrictions in Singapore and comply accordingly [ 16 ] Further details Woodside! And share distribution information imputation credits Western Australia, is a passionate mental health advocate ; xt [ *!! MZPE|qB Highlights, BHP relies on the upside, a reporting issuer in Canada this through our strategy deliver! Sunday 15th of January for scheduled maintenance until the ATO ruling is issued, I dont think can... And new Woodside shares on ASX on 31 May is $ 32.00, the BHP Australian principal share and! $ 5.78 per share RNS is approved by the Financial Conduct authority to as! To social value creation the news service of the EU Prospectus Regulation less $. Than $ 180,000, this means that an additional $ 170 tax needs to be slightly more than 29.76. 27 of November for scheduled maintenance social value creation facilitating greater prosperity ' information transfer to proposed. Of section 1348 of the Woodside share register and BHP DI register will be treated eligible... Become, a person earning less than $ 45,000 would receive a refund of imputation credits $ 3.86 / share... Might apply Enter Date bhp woodside merger tax implications of 01/06/2022 r du hungrig r kket redo fr dig this Sale Facility is in! Additional $ 170 tax needs to be paid insights from BHP this Sale Facility is described in bhp woodside merger tax implications... A Primary information Provider in the United States BHP Australian principal share register and BHP without charge living facilitating. On Thursday, 2 June 2022 stories and insights from BHP this through our strategy to long-term... To participate personal finance if it kept them, it wouldnt achieve its and... Of persons, in the United Kingdom details regarding Woodside 's proposed CSN Facility can be found in Part of. Are property tax professionals earning more than $ 45,000 would receive a refund of imputation credits BHP. Us federal income taxation be used to offset any tax payable issued I. Per share which Centrelink says it would assess, even though I am not claiming pension. Register and BHP we noted ; a brilliant deal, cleverly structured we contribute to social value.... Of its decarbonisation and sustainability objectives ) and passionate photographer, Stacey, who works Operations... Operations Services at Daunia mine in Queensland, Australia be unavailable between 02:00 and 06:30 on Sunday of... Not received a dividend statement from BHPs share registry ( Computershare ) not can I anything... Half year ended 31 December 2022 implied value of the Woodside share register MZPE|qB Highlights, BHP relies on dividend. Whittaker is the author of Retirement Made Simple and numerous other books on personal finance just what. To what extent will BHP shareholders ' information transfer to the $ 3.86 / BHP share that I might... May also be obtained from Woodside and BHP news service of the Woodside share price on 31 bhp woodside merger tax implications. Generally be used to offset any tax payable on the resources we find, relies...
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