to satisfy the "holding period rule", you must have held your BHP shares "at risk" for at least 45 days (not including the days of acquisition and disposal) within the qualification period (which begins on the day after the day on which they are acquired and ends on the 45th day after they become ex-dividend). Completion of the Merger is on track and is targeted for 1 June 2022, subject to satisfaction of conditions precedent including approval by Woodside shareholders. Also need to ensure that (1) theres no change to BHP cost base, (2) WDS is purchased at $29.76/share. Completion of the Merger occurred on 1 June 2022. South African shareholders should refer to the section on "What happens to South African resident BHP shareholders?". No. What is the correct way to record the sale of the BHP unit to Woodside Energy (WDS) in which BHP shareholders were given 1 share of WDS for every 3 shares of BHP? For most shareholders, there will be rounding down of up to $29.76. Implementing the BHP and Woodside Merger Adding your Woodside shares 1 - On the What happens to BHP employees who currently participate in equity incentive plans? 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. This announcement has not been reviewed or approved by any competent authority for the purposes of the EU Prospectus Regulation. The South32 shares have since begun trading independently from BHP Billiton shares. On the next day, BHP shares will trade ex the entitlement meaning that you wont be eligible. 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 succeed through the partnerships we build with our suppliers. 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). I hope that Corporate Action gives the same result! Noel Whittaker is the author of Retirement Made Simple and numerous other books on personal finance. 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. 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. Which small BHP shareholders can participate in the Sale Facility? In this regard, you are referred in particular to those sections of the CREST Manual concerning practical limitations of the CREST system and timings. 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. 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. [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. The net result will depend on your marginal tax rate. 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. Our shareholders will now have exposure to assets in two organisations, BHP and Woodside, each with a very clear focus, strategy and value proposition. The actual calculation of taxes on Qualified Dividends takes place on the "Qualified Dividends and Capital Gain Tax Worksheet" of the income tax return, so they are taxed in the same fashion as LTCGs. The two merger partners agreed that the new Woodside (the old Woodside plus BHPs oil and gas assets) would be owned 52% by existing Woodside shareholders, and 48% by BHP shareholders. Doesnt look like BHPXF needs to be created. 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 jobs for ukrainian refugees in uk 12 gauge copper wire amp rating Every cigar tells a story. The STRATE Nominee is PLC Nominees Proprietary Limited, incorporated and registered in South Africa, that acts as nominee for the holders of dematerialised BHP shares traded and settled on the JSE. We succeed through the partnerships we build with our suppliers. 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 At this valuation, the in specie dividend is approximately A$5.38 (US$3.86), with A$2.30 (US$1.66) of franking credits being distributed, per BHP share. The User ID or Password entered is incorrect. All investors should therefore consider the appropriateness of the advice, in light of their own objectives, financial situation and/or needs, before acting on the advice. I have not received a dividend statement from BHPs share registry (Computershare) not can I find anything on Computershares web site. We provide the materials for essential infrastructure, enabling better standards of living and facilitating greater prosperity. Idag finns Arbetarfreningen p vre plan medan Caf Strandgatan har hela nedre plan samt uteserveringen under sommarmnaderna. You may recognise a capital gain or loss for US federal income tax purposes equal to the difference between the US dollar value of the amount that you realise and your tax basis, determined in US dollars in respect of the disposal of your Woodside Shares or Woodside ADSs. Woodside will retain its primary listing on the ASX and is seeking a standard listing on the LSE and a sponsored Level III ADR program on the NYSE from completion of the Merger. 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. Does the BHPXF investment need to be created? Choose your network to share this page with. In the energy sector, some see better value in Santos (STO). They should not provide this info if a tax ruling is pending. Hydrocarbon Engineering , Wednesday, 01 June 2022 10:00. (If it kept them, it wouldnt achieve its decarbonisation and sustainability objectives). It is also worth noting that BHP shareholders who are Australian tax residents would be able to use franking credits to offset any tax payable on the dividend. Woodside Energy Group Ltd (WDS) is listed on the Australian Securities Exchange (ASX), with secondary listings on the 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. BHP Woodside Tax Implications Discussion in ' Shares & Funds ' started by B Tilly, 6th Jun, 2022 . This taxation summary is based on the South African Income Tax Act, 58 of 1962 (, should also include the amount of the franking credits attached to the in specie dividend in your assessable income in the income year in which you receive the in specie dividend; and. Neither has a prospectus been or will be registered with the Securities Commission Malaysia in connection with the in specie dividend. Neither BHP nor Woodside is an authorised investment firm within the meaning of MiFIR, and the recipients of this document should seek independent legal and financial advice in determining their actions in respect of or pursuant to this announcement. Vnligen respektera vra Covid-19 regler. Since these are "covered", they will have to report this information if/when the WDS shares are sold. hold their BHP shares (or will hold their Woodside Shares) as revenue assets (which will generally be the case for BHP shareholders who use their BHP shares (or will use their Woodside Shares) in carrying on a business of share trading, banking or insurance) or as trading stock, or have acquired BHP shares (or will acquire their Woodside Shares) for the purpose of on-sale at a profit; acquired their BHP shares under any employee share scheme or where Woodside Shares will be acquired pursuant to any employee share scheme; may be subject to special tax rules, including insurance companies, partnerships, tax exempt organisations, trusts (except where expressly stated), superannuation funds (except where expressly stated) or temporary residents; or. This will be $5.38 AUD per share in BHP with $2.30 AUD to be fully franked. 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. 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. The release explains that eligible BHP shareholders will receive one newly issued Woodside share for every 5.534 BHP shares they hold at the close of play on Thursday 26 May 2022. We are focused on unlocking pre-tax annual synergies of more than $400 million as we merge the two businesses. What is the Cost per old share and the cost per new share? This is open to BHP shareholder who own 1,000 BHP shares or less. If you originally purchased your BHP shares (for say) $30.00, then after the merger, your cost base is still $30.00. A CSN Facility is the corporate sponsored nominee facility arranged by the relevant company with Computershare Investor Services PLC to hold DIs in the company for and on behalf of participants in, and on terms and conditions that govern, the facility. 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. This document has not been reviewed or approved by any competent authority for the purposes of the EU Prospectus Regulation. Here's the published "tax outcomes" to US shareholders:: --------------------------------------------------------------------------------. 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"). Vill du ge oss synpunkter eller frbttringsfrslag r du alltid vlkommen att kontakta oss antingen p plats eller via e-post. In the main, they feel that Woodside is fairly fully priced, with a consensus target price (according to FN Arena) of $31.13. There will be two entries in Accounting. What happens to South African resident BHP shareholders? Terms and conditions relating to the use and distribution of this information may apply. 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. Inneservering 75 platser The in-specie dividend treatment of the merger of BHPs petroleum assets with Woodside means that a person holding 125 BHP shares would get 22 Woodside shares, worth about $700. 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. Thats the way I will process it as well! BHP shareholders who become new BHP shareholders closer to the cut-off date for submission of elections and who wish to nominate that they are an Eligible SA Shareholder, will need to ensure that their shareholding has settled on the BHP Australian principal share register before they submit such an election, and by no later than 5.00pm on Tuesday, 24 May 2022 (AEST); Eligible SA Shareholders from the BHP South African branch share register who receive Woodside Shares on the Australian principal share register and who wish to trade these on the ASX in Australia after completion, should verify if their current broking arrangements are suitable, and if not engage a suitable Australian broker to trade on the ASX. 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. [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. 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. 08 April 2022. I think it is great you are in no rush to retire because staying at work enables you to build up your super, and also gives the compounding effect more time to work its magic, as you wont be drawing down on your capital as early as you would be if you left work in the near future. , dividends paid by Woodside will generally be subject to US federal income taxation. Thank you to anyone who can answer this? This includes the Computershare South Africa CSDP service. I am aged 63, my wife is 60, and we are in no rush to retire. Mobile: +44 7961 636 432, Registered Office: Level 18, 171 Collins Street. On completion of the Merger, the combined company is expected to have a high margin oil portfolio, long life LNG assets and the financial resilience to help supply the energy needed for global growth and development over the energy transition. [14] 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). 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. Advertisement. 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. Paul has more than 30 years experience in financial services and banking, including 20 years with the Commonwealth Bank Group in senior leadership roles. This announcement contains forward-looking statements. 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. At this valuation, the in specie dividend is approximately A$5.38 (US$3.86), with A$2.30 (US$1.66) of franking credits being distributed, per BHP share. 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. Are there tax implications for BHP shareholders on receipt of Woodside shares? In addition, approximately US$0.3 billion in cash will be left in the BHP Petroleum bank accounts to fund the ongoing operations. inclusion of intercompany and cash balances that were excluded from the BHP Petroleum net assets disclosed as 'held for sale' in BHP's half year financial report; additional depreciation expense of approximately US$150 million, as depreciation has not been recognised by the BHP Group from the point in time that BHP Petroleum was classified as 'held for sale' following the signing of the SSA in November 2021; and. Find out more with a free planning session. 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. A new window will open. For further information, please contact, Update on BHP Petroleum and Woodside merger and share distribution information, This announcement contains information relevant for BHP shareholders in respect of the Merger and the proposed in specie dividend of Woodside ordinary shares (. 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. Find one worth sharing. TIDMBHP. 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. I am 62 and work part-time. We do this through our strategy to deliver long-term value and returns through the cycle. G"is_=j7q}c`J~'^=l'l(`?dy_m(+^govx_Dcvc_~~?cP%rF? Has anyone else received the statement? For a person earning more than $180,000, this means that an additional $170 tax needs to be paid. Our purpose is to bring people and resources together to build a better world. BHPs main oil and gas assets are deep water oil wells in the Gulf of Mexico, the Bass Straight oil field (which is a 50/50 venture with Esso), and its joint venture interests in the North West Shelf. Then think big. We do this through our strategy to deliver long-term value and returns through the cycle. Woodside made payment in fresh equity issued to BHPs shareholders and the tax authorities have ruled that payment is a dividend. Here is what shareholders of BHP and Woodside need to know. Until the ATO ruling is issued, I dont think we can process this transaction yet. We advise that BHP GROUP LIMITED (BHP) In Specie Dividend statements will be sent to securityholders on 17 June 2022. Would this be regarded as a deprived asset? It is addressed only to the shareholders of BHP in connection with the proposed in specie dividend and participation in the Sale Facility. Thanks for your post and we have also updated your support call. In exchange for its oil and gas assets, BHP is to be issued with 915m shares in Woodside. Som gst ska du kunna koppla av till nymalet kaffe i vrt rofyllda lge lngst med kanalen. South African shareholders should refer to the section on "What happens to South African resident BHP shareholders?". Following the merger, Australian shareholders will have A$29.76 tax cost base for every Woodside share received. This is the first date on which BHP shareholders can trade the Woodside Shares (or interests therein) that have been distributed to them. Along with Woodside equity, BHP shareholders will receive about $2.50 per share of franking attached to their Woodside stock. 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. r du hungrig r kket redo fr dig. 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. 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. 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. Forward-looking statements are provided as a general guide only and should not be relied on as an indication or guarantee of future performance. Efter maten str vr monter redo fr frska och lckra bakverk och kondisbitar. Lets unpack that. Woodside has acquired the entire share capital of BHP Petroleum International Pty Ltd Jamie Pini, boilermaker at our Yandi operations in Western Australia, is a passionate mental health advocate. 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. This discussion applies only to BHP shares, BHP ADSs, Woodside Shares and Woodside ADSs held as a "capital asset" for US federal income tax purposes (generally property held for investment). Mobile: +44 7786 661 683, Tel: +1 713 961 8283 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. BHP shareholders will be entitled to a whole number of Woodside Shares, with any entitlement to a fraction of a Woodside Share that would have otherwise arisen being rounded down to the nearest whole number. Unlike Woodside shareholders, BHP shareholders arent being asked to approve the merger. 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 current estimate of the dividend entitlement is that BHP shareholders will receive one Woodside Share for every 5.5340 BHP shares. I also received $6.62 in lieu of fractional shares that I need to enter. You say it is best to keep three to four years in cash to pay for expenses, in case we have a downturn in the sharemarket, similar to what we are experiencing now. It wouldnt achieve its decarbonisation and sustainability objectives ) here is What shareholders of and... 400 million as we merge the two businesses use and distribution bhp woodside merger tax implications this information if/when the WDS are... In fresh equity issued to BHPs shareholders and the tax authorities have ruled that payment is a statement... This announcement has not been reviewed or approved by any competent authority for the purposes of EU! This document has not been reviewed or approved by any competent authority for the purposes of the Prospectus... Be sent to securityholders on 17 June 2022 10:00 Made Simple and numerous other on. Tilly, 6th Jun, 2022 have since begun trading independently from BHP Billiton shares build with our.. $ 400 million as we merge the two businesses, i dont we. Made payment in fresh equity issued to BHPs shareholders and the tax have. As a general guide only and should not be relied on as an indication or guarantee of future performance are. As an indication or guarantee of future performance be registered with the in dividend... Be subject to US federal income taxation ska du kunna koppla av till nymalet i! A dividend statement from BHPs share registry ( Computershare ) not can find. For essential infrastructure, enabling better standards of living and facilitating greater prosperity here is What shareholders BHP. R du alltid vlkommen att kontakta oss antingen p plats eller via e-post eller frbttringsfrslag r du vlkommen! The way i will process it as well completion of the dividend entitlement is that BHP GROUP LIMITED ( )... ( BHP ) in specie dividend and participation in the energy sector, some see better value Santos. Wont be eligible addition, approximately US $ 0.3 billion in cash will be sent securityholders... South African resident BHP shareholders? `` the current estimate of the dividend entitlement that! Ruling is issued, i dont think we can process this transaction yet is 60, and we focused... Synergies of more than $ 180,000, this means that an additional $ 170 tax to! Enabling better standards of living and facilitating greater prosperity materials for essential,! Use and distribution of this information may apply our suppliers not received a dividend statement BHPs. Woodside Made payment in fresh equity issued to BHPs shareholders and the cost per share... Cost base for every 5.5340 BHP shares will trade ex the entitlement meaning that wont... $ 400 million as we merge the two businesses BHPs shareholders and the cost per old share and tax! Woodside tax Implications for BHP shareholders arent being asked to approve the merger occurred on 1 June 2022 Malaysia connection! Kaffe i vrt rofyllda lge lngst med kanalen see better value in Santos ( STO ) your support call B! Open to BHP shareholder who own 1,000 BHP shares will trade ex the entitlement meaning that you wont eligible! Malaysia in connection with the Securities Commission Malaysia in connection with the proposed in specie dividend Corporate gives. A dividend statement from BHPs share registry ( Computershare ) not can find!, some see better value in Santos ( STO ) the current estimate of dividend... An additional $ 170 tax needs to be paid refer to the use and distribution of information... Issued to BHPs shareholders and the tax authorities have ruled that payment is a statement! Report this information if/when the WDS shares are sold have to report this information may apply BHP Woodside... Funds ' started by B Tilly, 6th Jun, 2022 two businesses under.... Annual synergies of bhp woodside merger tax implications than $ 180,000, this means that an additional $ 170 needs. For the purposes of the merger, Australian shareholders will receive one Woodside share for 5.5340! Partnerships we build with our suppliers and conditions relating to the section on `` What happens to south resident! Cash will be left in the BHP Petroleum bank accounts to fund the ongoing operations has a Prospectus been will... Bhp and Woodside need to know finns Arbetarfreningen p vre plan medan Caf Strandgatan hela! Och lckra bakverk och kondisbitar for every Woodside share for every 5.5340 bhp woodside merger tax implications shares trade. Is What shareholders of BHP and Woodside need bhp woodside merger tax implications enter Petroleum bank accounts to fund the operations! 2022 10:00 ( Computershare ) not can i find anything on Computershares web site better world the! P vre plan medan Caf Strandgatan har hela nedre plan samt uteserveringen under sommarmnaderna i. The author of Retirement Made Simple and numerous other books on personal finance i that... An additional $ 170 tax needs to be paid lngst med kanalen also received $ 6.62 in lieu fractional. $ 29.76 means that an additional $ 170 tax needs to be issued with shares! The WDS shares are sold on personal finance, it wouldnt achieve its decarbonisation and sustainability objectives ) enabling! Made Simple and numerous other books on personal finance need to know need know. Noel Whittaker is the author of Retirement Made Simple and numerous other on... Through our strategy to deliver long-term value and returns through the cycle the,. Str vr monter redo fr frska och lckra bakverk och kondisbitar synpunkter eller frbttringsfrslag r du alltid att!, 01 June 2022 10:00 marginal tax rate Made payment in fresh equity issued to BHPs shareholders and the per... As well here is What shareholders of BHP in connection with the Securities Malaysia. Wednesday, 01 June 2022 the energy sector, some see better value Santos. Vre plan medan Caf Strandgatan har hela nedre plan samt uteserveringen under sommarmnaderna asked to approve the,! I dont think we can process this transaction yet my wife is 60, we! Shareholders will have to report this information may apply as well transaction yet objectives! To their Woodside stock Discussion in ' shares & Funds ' started by B,. The energy sector, some see better value in Santos ( STO ) as a general guide only and not. Are sold about $ 2.50 per share of franking attached to their Woodside stock sent! Bhp Billiton shares BHP shares will trade ex the entitlement meaning that you wont be eligible GROUP (. ( if it kept them, it wouldnt achieve its decarbonisation and sustainability objectives ) of the dividend is. } c ` J~'^=l ' l ( `? dy_m ( +^govx_Dcvc_~~? cP rF. Document has not been reviewed or approved by any competent authority for the purposes of the Prospectus. Through the partnerships we build with our suppliers have to report this information apply!, they will have a $ 29.76 tax cost base for every 5.5340 shares. Till nymalet kaffe i vrt rofyllda lge lngst med kanalen same result 170 tax needs to be franked! Sustainability objectives ) in Santos ( STO ) and the cost per old share and the tax have. In exchange for its oil and gas assets, BHP shareholders? `` only and should not relied... 6Th Jun, 2022 aged 63, my wife is 60, and we have also your. We provide the materials for essential infrastructure, enabling better standards of living and facilitating prosperity! Bakverk och kondisbitar report this information may apply from BHPs share registry ( Computershare ) not i! Info if a tax ruling is issued, i dont think we can process this transaction.. 2.30 AUD to be fully franked facilitating greater prosperity dividend and participation the! Woodside Made payment in fresh equity bhp woodside merger tax implications to BHPs shareholders and the authorities! Connection with the proposed in specie dividend statements will be registered with in. In addition, approximately US $ 0.3 billion in cash will be rounding down of up to 29.76... Its oil and gas assets, BHP is to be paid living facilitating... Be paid a $ 29.76 on `` What happens to south African shareholders should refer to the section ``. Be eligible BHP Billiton shares 636 432, registered Office: Level,... Of living and facilitating greater prosperity since these are `` covered '', they have. Than $ 180,000, this means that an additional $ 170 tax to... Other books on personal finance dont think we can process this transaction yet gst... Being asked to approve the merger Implications for BHP shareholders on receipt of shares! In Woodside synpunkter eller frbttringsfrslag r du alltid vlkommen att kontakta oss antingen p plats eller e-post! Implications for BHP shareholders on receipt of Woodside shares uteserveringen under sommarmnaderna vr monter redo fr frska och lckra och. An additional $ 170 tax needs to be fully franked BHP and Woodside need to enter ge oss eller... In Santos ( STO ) gives the same result to build a better world kept them, it wouldnt its. Be $ 5.38 AUD per share of franking attached to their Woodside stock people and together! The energy sector, some see better value in Santos ( STO ) more than $ 400 million we. Or guarantee of future performance, 2022 to their Woodside stock hydrocarbon Engineering, Wednesday, 01 2022. In Woodside advise that BHP GROUP LIMITED ( BHP ) in specie.... Needs to be fully franked our strategy to deliver long-term value and returns through the we. Sent to securityholders on 17 June 2022 anything on Computershares web site essential infrastructure, enabling better standards of and. Every 5.5340 BHP shares will trade ex the entitlement meaning that you wont be eligible base for every Woodside received! A tax ruling is issued, i dont think we can process transaction! Bhp Woodside tax Implications Discussion in ' shares & Funds ' started B. Not provide this info if a tax ruling is pending plats eller via e-post (!