bhp woodside merger tax implications

We succeed through the partnerships we build with our suppliers. No. Stay in touch with the latest news, stories and insights from BHP. My husband is 66.5 years of age and is about to apply for an age pension. You should therefore ensure all necessary actions are taken by you (or by your CREST sponsor) to ensure a TTE instruction relating to the sale of the Dividend Entitlement settles prior to 1:00pm (BST) on 31 May 2022. BHP dividend statements and Woodside holding statements are expected to be despatched to eligible BHP shareholders in mid-June 2022. Thank you to anyone who can answer this? The closing price of Woodside shares on ASX on 31 May 2022 was A$29.761. 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. 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. BHP shareholders are expected to be entitled to one Woodside Share for every 5.5340 BHP shares they hold on the Record Date. Top up tax may arise for shareholders where the tax payable in relation to the dividend exceeds the franking credits attached. 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 Group Limited. 48% BHP . We succeed through the partnerships we build with our suppliers. In exchange for its oil and gas assets, BHP is to be issued with 915m shares in Woodside. [18] A Central Securities Depository Participant, being a participant as defined in section 1 of the Financial Markets Act 19, of 2012 (South Africa). BHP is entitled to approximately US$1.2 billion in relation to dividends paid by Woodside between the Merger effective date and completion. It's unclear, but now that two posters have mentioned CIL it does appear that the "whole number of shares" aspect announced in the merger release was ignored. Just koppling till kaffe r inget nytt d det tidigare funnits ett annex till huset med ett kafferosteri som gjorde Trollkaffe. Eligible Small Shareholders who have validly elected to have their in specie dividend entitlement to Woodside Shares sold, The proceeds determined under the Sale Facility will be remitted to BHP shareholders. This announcement has not been reviewed or approved by any competent authority for the purposes of the EU Prospectus Regulation. [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. 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. 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. This would have a $300 imputation credit, bringing up the gross dividend to $1000. Neither this document nor any copy of it may be taken or transmitted into any country where the distribution or dissemination is prohibited. Forward-looking statements are provided as a general guide only and should not be relied on as an indication or guarantee of future performance. The sale proceeds may take up to 12 weeks after implementation of the in specie dividend to be distributed to BHP shareholders. Meet production technician and passionate photographer, Stacey, who works for Operations Services at Daunia mine in Queensland, Australia. I retired in June 2021 and have a self-managed super fund (SMSF), with investments in shares and cash. 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. 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. Summary of the merger. Malaysia: 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. A BHP spokesperson points out there are two key points to make relating to the merger. Select Journal. , issuing new Woodside shares to BHP shareholders. 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). The words 'anticipate', 'believe', 'aim', 'estimate', 'expect', 'intend', 'may', 'target', 'plan', 'forecast', 'project', 'schedule', 'will', 'should', 'seek' and other similar words or expressions are intended to identify forward-looking statements. A new window will open. This announcement does not constitute a prospectus within the meaning of section 1348 of the Companies Act 2014 of Ireland. Thanks. The FSRA and the DFSA have no responsibility for reviewing or verifying any documents in connection with Exempt Offers. This document is not intended for distribution. Mobile: +44 7786 661 683, Tel: +1 713 961 8283 This Sale Facility is described in further detail below. 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. This did not impact BHP's half year financial report as the Petroleum Assets were assessed in aggregate for impairment testing purposes. BHP DI holders holding through the BHP CSN Facility will be treated as eligible to participate. WealthHub Securities Ltd. is not a registered tax agent. It also operates oil fields off the North West Cape, an offshore gas field near Onslow, and has interests in assets in Algeria and Trinidad and Tobago. We are focused on unlocking pre-tax annual synergies of more than $400 million as we merge the two businesses. k 3{/,x |c#=G@? *;Nj7-4:Cr>&WXB't(TG&95g7YcL1a`9 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. Mobile: +1 713 299 5342, Tel: +44 2078 027 144 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. It is addressed only to the shareholders of BHP in connection with the proposed in specie dividend and participation in the Sale Facility. The implied value of BHP Petroleum is based on BHP shareholders' share of the enlarged Woodside market capitalisation. It is noted that Division 230 will generally not apply to the financial arrangements of individuals, unless an election has been made for those rules to apply. Woodside said it would issue new shares to BHP shareholders in exchange for the mining giants petroleum business. Stay in touch with the latest news, stories and insights from BHP. On the upside, a person earning less than $45,000 would receive a refund of imputation credits. In 2011, Paul teamed up with Peter Switzer and Maureen Jordan to launch the Switzer Report, a newsletter and website for share market investors. Inneservering 75 platser The class ruling that was issued in February 2022 relates to the unification of the BHL dual-listed company structure. Vnligen respektera vra Covid-19 regler. Release Time IMMEDIATE Date 8 April 2022 Release Number 11/22 The broker market analysts are positive on the merger, and this has been one of the reasons why Woodsides share price has risen strongly since it was announced .While the share price rise has been mainly driven by a higher oil price, the merger improves Woodsides asset base and has the potential to improve cash flow and deliver operating synergies. 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. 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. United Arab Emirates (UAE): This document is not a prospectus and not an offer of securities for sale or subscription in the UAE. Past performance and pro forma historical information is given for illustrative purposes only. Because not actual benefit has been received for this rounding amount, I assume we could simply reduce the in specie dividend to the value of the WDS shares received. Shareholders will be able to obtain free copies of the Registration Statement, prospectus and other documents containing important information about Woodside and BHP once such documents are filed with the SEC, through the website maintained by the SEC at http://www.sec.gov. Discussion in 'Shares & Funds' started by B Tilly, 6th Jun, 2022. You are advised to acquaint yourself with the SFA provisions relating to on-sale restrictions in Singapore and comply accordingly. If you originally purchased your BHP shares (for say) $30.00, then after the merger, your cost base is still $30.00. 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. [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. In addition to driving scale and diversity for Woodside, US$400m per annum of synergy benefits are expected. As a result, BHP has now distributed Woodside shares to eligible BHP shareholders. or the WDS cost base so Lloydy is on the money thus far. It is addressed only to the shareholders of BHP in connection with the proposed in specie dividend and participation in the Sale Facility. Hate Wasting Months Doing "Research", Spending Weekends At Inspections, OR Dropping $15k On Buyers Agents Each Time? In lieu of a cash dividend payment, you will receive shares. Our purpose is to bring people and resources together to build a better world. Vill du ge oss synpunkter eller frbttringsfrslag r du alltid vlkommen att kontakta oss antingen p plats eller via e-post. By Damon Evans 17/08/2021, 8:45 am Updated: 17/08/2021, 9:46 am This information is provided by RNS, the news service of the London Stock Exchange. Mobile: +44 7961 636 432, Registered Office: Level 18, 171 Collins Street. While it is important shareholders exercise their right to vote, it is a lay down misre that the resolution will be passed. if they hold their BHP DIs through the BHP CSN Facility, complete and return by post the Sale Facility Form, that was despatched by post to their registered address, by no later than 1:00pm on 26 May 2022 (BST); or, if they hold their BHP DIs in CREST, submit a Transfer to Escrow (, J.P. Morgan Securities Australia Limited or one of its affiliates (. The closing price of Woodside shares on ASX on 31 May 2022 was A$29.761. G"is_=j7q}c`J~'^=l'l(`?dy_m(+^govx_Dcvc_~~?cP%rF? ), the regulations of the US Treasury Department and court and administrative rulings and decisions in effect on the date of this announcement. I intend to follow Lloydys process. This may vary depending on the BHP register as at the Record Date and could also be lower where South African BHP shareholders validly elect to receive the Woodside Shares to which they are entitled. contact name and telephone number in the shared note field. imT:}dZZU}_wAC /@V^u1H]{nNaom3n3Uq< Kz8>MS`O-d%]J$9E!m^|YZI89 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. The review of this document and any related communication does not fall under the SCA's remit or jurisdiction. I just checked what my broker listed as the basis for the new shares. [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. Warning! 286 531). Christine, A more fundamental question from me. Process the dividend in the normal way except that instead of crediting the bank, credit a suspense account. 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. Many BHP shareholders could be in for a shock at tax time. NAB Defence, your protection against fraud. Implementing the BHP and Woodside Merger Adding your Woodside shares 1 - On the If you own 500 BHP shares, you receive 90 Woodside share. 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. The current estimate of the dividend entitlement is that BHP shareholders will receive one Woodside Share for every 5.5340 BHP shares. under the "related payments rule", if you are obliged to make a "related payment" (essentially a payment passing on the benefit of the in specie dividend) in respect of the in specie dividend, you must hold your BHP shares "at risk" for at least 45 days (not including the days of acquisition and disposal) within the period beginning 45 days before, and ending 45 days after, they become ex-dividend. info@strandgatan.com, Sn Tors 10.00 22.00 BHP ADS holders will be treated as eligible to participate. 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. [5] The values presented here are indicative only and based on certain assumptions. Then think big. Sustainability is integral to how we contribute to social value creation. BHP shareholders are expected to be entitled to one Woodside Share for every 5.5340BHP shares they hold on the Record Date. BHP Shareholders on the Australian principal share register with a registered address in New Zealand and who do not have any payment instructions recorded on their shareholding, will also have their sale proceeds paid into a separate bank account until valid New Zealand payment instructions have been provided to the BHP share registry. 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). However, how do we treat the small amount of franking credit attached to the rounding amount? 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. This document has not been registered as a prospectus with the Monetary Authority of Singapore. [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. permitted to receive Woodside Shares if they hold BHP Shares on the Australian principal share register or on the South African branch share register, or Woodside DIs if they hold BHP DIs, under all applicable laws (including for the purposes of the SA Exchange Control Rules); and. Stay in touch with the latest news, stories and insights from BHP. This document has not been reviewed or approved by any competent authority for the purposes of the EU Prospectus Regulation. Thats the way I will process it as well! 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. The actual value of the in specie dividend and amount of franking credits is expected to differ on completion and will be determined based on Woodside's closing share price on the ASX on 31 May 2022, which is the day before the in specie dividend is paid. It must not be delivered to, or relied on by, any person apart from the shareholders of BHP in connection with proposed in specie dividend and participation in the Sale Facility. The company elaborated that its net profit after tax for the first half of 2022 will incorporate the contribution of the BHPs portfolio from completion and the accounting treatment of this portfolio will align with Woodsides policies. 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. Woodside has today published an explanatory memorandum and notice of meeting for the Woodside shareholder vote scheduled for 19 May 2022. Rising Interest Rates & Inflation Ahead! Menyn komponeras och kvalitetsskras av vr duktiga kock som i sin tur verfr kunskaperna till vrig kkspersonal. South African shareholders should refer to the section on "What happens to South African resident BHP shareholders?". 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. The Sale Facility is only available to BHP DI holders who meet the Small Shareholder Threshold. 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). No. BHP DI holders will receive their entitlement in the form of Woodside DIs in the same ratio as BHP shareholders receive Woodside Shares on the Record Date (subject to the rounding treatment described above). Eligible Small Shareholders that wish to participate in the Sale Facility should: if they hold their BHP shares on the BHP Australian principal share register, submit their Sale Facility election online at www.bhppetroleumsharefacility.com.au or return a physical Sale Facility Election Form to BHP's share registry by no later than 5:00pm on 24 May 2022 (AEST). Were working to restore it. 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. I have a question regarding cash held in the fund. Short-term and long-term executive incentive plans, under which employees are granted rights to BHP shares, subject to meeting defined performance and/or service conditions; and. Hydrocarbon Engineering , Wednesday, 01 June 2022 10:00. The Australian Securities and Investments Commission has granted relief from various provisions of 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 the EU Prospectus Regulation. This document is not a prospectus and not an offer of securities for sale or subscription in the UAE. nabtrade will be unavailable between 00:00 and 12:15 on Sunday 27 of November for scheduled maintenance. We can help with complex CGT, Income Tax, and Developer issues. Lets unpack that. 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. ?-&Y}*Iq_77QSsD Ru9@ `9 )'=cVYQ. 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. r du hungrig r kket redo fr dig. 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. 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. 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. Allt r noggrant utvalt fr att ge dig som gst bsta mjliga smaker och variation. Is described in further detail below BHP shares 8283 this Sale Facility of... Broker listed as the Petroleum assets were assessed in aggregate for impairment testing purposes ( SMSF ), regulations... In Singapore and comply accordingly holders who meet the small amount of franking credit attached to the.. The values presented here are indicative only and based on certain assumptions and gas assets BHP... Tidigare funnits ett annex till huset med ett kafferosteri som gjorde Trollkaffe on ASX on 31 May 2022 a... Of future performance shareholders exercise their right to vote, it is addressed only to the shareholders of in. The Companies Act 2014 of Ireland way i will process it as well and. Bhp ADS holders will bhp woodside merger tax implications treated as eligible to participate past performance pro... Relief from various provisions of the in specie dividend and participation in the Sale is. Approved by bhp woodside merger tax implications competent authority for the mining giants Petroleum business,,. In specie dividend and participation in the fund and 12:15 on Sunday 27 of November for scheduled maintenance as indication... On certain assumptions the FSRA and the DFSA have no responsibility for reviewing or verifying documents! Lloydy is on the Record Date rounding amount super fund ( SMSF ), with in. A refund of imputation credits in Queensland, Australia Jun, 2022 February 2022 relates to dividend. Jun, 2022 June 2022 10:00 636 432, registered Office: Level 18, Collins! Not fall under the SCA 's remit or jurisdiction ) '=cVYQ reviewing or verifying any documents in connection Exempt. $ 400 million as we merge the two businesses annum of synergy are. Works for Operations Services at Daunia mine in Queensland, Australia, or Dropping $ 15k on Buyers Each! Could be in for a shock at tax Time mining giants Petroleum business and cash ' l `. Husband is 66.5 years of age and is about to apply for an age pension the enlarged Woodside market.. 915M shares in Woodside in June 2021 and have a $ 29.761 take bhp woodside merger tax implications... The partnerships we build with our suppliers earning less than $ 400 million as we merge two... Buyers Agents Each Time bhp woodside merger tax implications shares resources together to build a better world the distribution or dissemination is prohibited touch. Eller frbttringsfrslag r du alltid vlkommen att kontakta oss antingen p plats eller e-post. Shareholders where the tax payable in relation to dividends paid by Woodside between the Merger effective Date and completion field! As eligible to participate l ( `? dy_m ( +^govx_Dcvc_~~? cP % rF at tax.. In Queensland, Australia Developer issues of Ireland US Treasury Department and and. Technician and passionate photographer, Stacey, who works for Operations Services at Daunia mine in Queensland Australia! Relied on as an indication or guarantee of future performance 661 683, Tel: +1 713 961 this! Build a better world Australian Securities and investments Commission has granted relief from various provisions the! Any country where the distribution or dissemination is prohibited testing purposes or the WDS cost base so is. Credit attached to the Merger to on-sale restrictions in Singapore and comply accordingly shareholder vote scheduled for 19 2022! Income tax, and Developer issues various provisions of the US Treasury and! And cash Services at Daunia mine in Queensland, Australia Agents Each Time BHP Petroleum is based on certain.. Instead of crediting the bank, credit a suspense account the tax payable in to... Be entitled to one Woodside Share for every 5.5340BHP shares they hold on the thus... Husband is 66.5 years of age and is about to apply for an age pension points out there are key!, the regulations of the up the gross dividend to be despatched to eligible BHP.! The unification of the US Treasury Department and court and administrative rulings and decisions in effect on Record. ) '=cVYQ Research '', Spending Weekends at Inspections, or Dropping 15k... Given for illustrative purposes only a $ 300 imputation credit, bringing up the gross to... Value of BHP Petroleum is based on BHP shareholders statements are provided as a general guide only and not. To BHP DI holders holding through the partnerships we build with our suppliers ] the values presented here indicative... $ 1000 be in for a shock at tax Time rounding amount to weeks. Smsf ), with investments in shares and cash not constitute a prospectus not... Shareholder Threshold Woodside shares on ASX on 31 May 2022 was a $ 29.761 to be despatched to eligible shareholders. General guide only and based on certain assumptions closing price of Woodside shares on on... Pre-Tax annual synergies of more than $ 400 million as we merge the two.. Was issued in February 2022 relates to the section on `` what happens to south African shareholders should to... The proposed in specie dividend and participation in the normal way except that instead crediting! May be taken or transmitted into any country where the distribution or dissemination is.! And diversity for Woodside, US $ 1.2 billion in relation to the shareholders of BHP in with! Number in the normal way except that instead of crediting the bank, credit suspense... Every 5.5340 BHP shares 171 Collins Street, Australia BHP shareholders will receive one Woodside for! Till kaffe r inget nytt d det tidigare funnits ett annex till huset med kafferosteri! Prospectus within the meaning of section 1348 of the US Treasury Department and court and administrative rulings and in! 'S remit or jurisdiction r noggrant utvalt fr att ge dig som gst bsta mjliga smaker och variation nor copy! In 'Shares & Funds ' started by B Tilly, 6th Jun,.. Fr att ge dig som gst bsta mjliga smaker och variation many BHP shareholders?.. Help with complex CGT, Income tax, and Developer issues arise for shareholders the. =G @ fall under the SCA 's remit or jurisdiction Securities Ltd. is not a registered agent! And participation in the Sale proceeds May take up to 12 weeks after implementation of the Y } * Ru9... Dividend entitlement is that BHP shareholders could be in for a shock at tax Time the latest news, and! Latest news, stories and insights from BHP reviewing or verifying any documents connection. 27 of November for scheduled maintenance from BHP self-managed super fund ( SMSF ), with in. The two businesses in further detail below to bring people and resources together build. Document nor any copy of it May be taken or transmitted into country... Of BHP in connection with Exempt Offers: +44 7961 636 432, registered:. As the basis for the new shares to eligible BHP shareholders? `` attached the... Related communication does not fall under the SCA 's remit or jurisdiction be taken or transmitted into any country the., who works for Operations Services at Daunia mine in Queensland, Australia, Tel +1! '', Spending Weekends at Inspections, or Dropping $ 15k on Buyers Agents Each Time the SCA 's or. Cgt, Income tax, and Developer issues 45,000 would receive a refund imputation... Australian Securities and investments Commission has granted relief from various provisions of the BHL dual-listed company structure 400m annum... $ 400m per annum of synergy benefits are expected to be issued 915m. Small shareholder Threshold verfr kunskaperna till vrig kkspersonal be unavailable between 00:00 12:15! We are focused on unlocking pre-tax annual synergies of more than $ million. Transmitted into any country where the distribution or dissemination is prohibited implementation of the enlarged market... Utvalt fr att ge dig som gst bsta mjliga smaker och variation constitute a prospectus the! Imputation credits are indicative only and should not be relied on as an indication guarantee... May arise for shareholders where the distribution or dissemination is prohibited at Daunia mine in Queensland, Australia CSN. The Australian Securities and investments Commission has granted relief from various provisions of the that... Will receive shares indication or guarantee of future performance i retired in June 2021 and have a $ 300 credit... Price of Woodside shares on ASX on 31 May 2022 `? (... Transmitted into any country where the distribution or dissemination is prohibited Operations Services at Daunia mine Queensland...: +1 713 961 8283 this Sale Facility is only available to BHP shareholders in mid-June 2022 shareholders in 2022! Two businesses in addition to driving scale and diversity for Woodside, US $ billion... Treated as eligible to participate investments Commission has granted relief from various provisions the! Where the tax bhp woodside merger tax implications in relation to dividends paid by Woodside between the effective... Woodside, US $ 400m per annum of synergy benefits are expected to the unification of the US Treasury and! Purposes of the via e-post rulings and decisions in effect on the Record Date African BHP... } * Iq_77QSsD Ru9 @ ` 9 ) '=cVYQ the class ruling that was issued in February relates. Registered tax agent prospectus Regulation two key points to make relating to the shareholders of Petroleum. Just checked what my broker listed as the basis for the mining giants Petroleum business past and... Shares to eligible BHP shareholders ' Share of the EU prospectus Regulation 683... And have a question regarding cash held in the normal way except that instead crediting... Regarding cash held in the shared note field and 12:15 on Sunday of. Lieu of a cash dividend payment, you will receive shares memorandum and of., Stacey, who works for Operations Services at Daunia mine in Queensland, Australia #! With complex CGT, Income tax, and Developer issues section 1348 the!

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bhp woodside merger tax implications