bhp woodside merger tax implications

Germany: This announcement does not constitute a prospectus according to Regulation 2017/1129/EU of the European Parliament and of the Council ("EU Prospectus Regulation") and has been prepared on the basis that the transactions described in this announcement do not constitute a public offer within the meaning of the EU Prospectus Regulation. Happy to wait but enjoying the sharing of info. 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. It should not be relied on and is not indicative of future performance, including future security prices. woodside may be required to withhold tax (currently at the rate of 47%) on payments of dividends that are not fully franked and remit the amounts withheld to the [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. Paul was the founding Managing Director and CEO of CommSec, and was named Australian Stockbroker of the Year in 2005. 375 of 2017) (as amended) of Ireland, and the recipients of this document should seek independent legal and financial advice in determining their actions in respect of or pursuant to this document. 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. France: The public is informed that the election for an Eligible Small Shareholder to participate in the Sale Facility, that constitutes a financial securities offer under the laws of France, does not give rise to a prospectus submitted for the approval of the Autorit des marchs financiers. In order to make separate elections, the trustee or nominee must establish distinct holdings by 5:00pm on 24 May (AEST) on the BHP Australian principal share register or by 6:00pm on 26 May (BST) on the BHP DI register in respect of each parcel of BHP shares or DIs and must make a separate election in respect of each such parcel of BHP shares or DIs. Sustainability is integral to how we contribute to social value creation. 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. Neither BHP nor Woodside is an authorised investment firm within the meaning of the European Union (Markets in Financial Instruments) Regulations 2017 (S.I. 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). 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. 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. Under US federal income tax laws, if you are a US Holder. We are both working, with a combined salary of $220,000 a year. Neither this document nor any copy of it may be taken or transmitted into any country where the distribution or dissemination is prohibited. Our advisers are qualified and experienced and we don't outsource. 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). The implied value of the in specie dividend was therefore A$27.2 billion (US$19.6 billion). 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 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. 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"). a partial exemption from income tax in the hands of BHP shareholders other than South African corporate shareholders. We will wait further for the ATO Ruling if available at a later stage before providing any further updates on this issue. The current estimate of the dividend entitlement is that BHP shareholders will receive one Woodside Share for every 5.5340 BHP shares. To treat BHP employees fairly and restore the value of the unvested equity awards to their pre-completion value, BHP will grant those employees with additional BHP equity awards on the same substantive terms as the original unvested incentive awards or matching entitlements. [12] This is the first date on which BHP shareholders can trade the Woodside Shares (or interests therein) that have been distributed to them. 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. You also need to be carefull that the CA does not affect the BHP cost base. This is long term, so the tax rate is the same as a dividend. q>r/F"`:0~ 8O n>F=Ae6PkQ_C>qt8%" QH,-kU=,l.6Imqo8 sRh>%JetD?o;az5-0xA I took a simpler approach to the value. 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. BHP is expected to receive 914.8 million newly issued Woodside Shares at completion and determine a fully franked in specie dividend of the Woodside Shares to BHP shareholders. Paul Rickard is a co-founder of the Switzer Report. In the main, they feel that Woodside is fairly fully priced, with a consensus target price (according to FN Arena) of $31.13. [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. BHP DI holders holding through the BHP CSN Facility will be treated as eligible to participate. Historiskt har huset inhyst Sveriges ldsta kooperativa fretag, Konsum Trollhttan, i hela 73 r. Woodside will make a cash payment to BHP of approximately US$830 million in relation to cash dividends paid by Woodside between the Merger effective date of 1 July 2021 Meet production technician and passionate photographer, Stacey, who works for Operations Services at Daunia mine in Queensland, Australia. BHP Group ( BHP) and Woodside Petroleum Ltd ( Woodside) entered into a share sale agreement ( SSA) for the merger of BHPs oil and gas portfolio 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. 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. Thats the way I will process it as well! [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). [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. Switzerland: The new Woodside Shares may not be publicly offered, directly or indirectly, in Switzerland within the meaning of the Swiss Financial Services Act ("FinSA") and no application has or will be made to admit the shares to trading on any trading venue (exchange or multilateral trading facility) in Switzerland. BHP received 914,768,948 Woodside shares as consideration for the sale of BHP Petroleum. Woodside's board unanimously recommended that the company's shareholders vote in favour of the merger. [6] The address registered in the BHP Australian principal share register and BHP DI register will be used for these purposes. 375 of 2017) (as amended) of Ireland or otherwise. 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. BHP Chief Executive Officer, Mike Henry said: The merger of our petroleum assets with Woodside creates a global energy company with the scale and opportunity to help supply the energy needed for global growth and development in a rapidly decarbonising world. Does this mean that my cost base of WDS shares has to be slightly more than $29.76 to have Lloydys transactions balance? 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 implied value of the in specie dividend was therefore A$27.2 billion (US$19.6 billion). [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. Implementing the BHP and Woodside Merger Adding your Woodside shares 1 - On the To participate in the Sale Facility, Eligible Small Shareholders must make a valid election. Thinking about your next career move? 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. 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. Email: noel@noelwhittaker.com.au, Merger deal may come with nasty tax surprise. Build Passive Income WITHOUT A $15k Buyers Agent?? Italy: By reading this announcement, you agree to be bound by the following limitations and qualifications: (i) this announcement is only intended to provide information on the distribution by BHP to its shareholders of shares of Woodside; (ii) this announcement is for informational purposes only and is not intended to and does not constitute an offer or invitation to exchange or sell or solicitation of an offer to subscribe for or buy, or an invitation to exchange, purchase or subscribe for, any securities, any part of the business or assets described herein, or any other interests or the solicitation of any vote or approval in any jurisdiction in connection with the proposed transaction or otherwise, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in contravention of applicable law; (iii) this announcement should not be construed in any manner as a recommendation to any reader of this document; and (iv) this announcement is not a prospectus, product disclosure statement or other offering document for the purposes of Regulation (EU) 2017/1129 of the European Parliament and of the Council of June 14th 2017. Neither this announcement nor any other prospectus, offering or marketing material relating to the shares constitutes a prospectus pursuant to the FinSA, and neither this announcement nor any other prospectus, offering or marketing material relating to the shares may be publicly distributed or otherwise made publicly available in Switzerland. 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. 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. The current CA process may not be able to do all the above. This represents the cash dividend that would have been received by holders of the Woodside Shares issued pursuant to the Merger had they been on issue on and from the effective date. Please try again. The BHP register comprises the BHP Australian principal share register (comprising both the issuer sponsored sub-register and CHESS sponsored sub-register), the BHP depositary interest register and the BHP South African branch share register (without double counting the shares held on the Australian principal share register on behalf of the BHP depositary interest holders or those on the South African branch share register). On 1 June 2022 (Distribution Implementation Date), BHP exchanged all its shares in BHP Petroleum in exchange for Woodside issuing 914,768,948 shares to BHP. BHP then transferred Woodside shares to BHP shareholders in satisfaction of their entitlements to the Special Dividend. 34. The closing price of Woodside shares on ASX on 31 May 2022 was A$29.761. he UK taxation summary applies to BHP shareholders who are: (i) resident (and in the case of individuals, domiciled) for tax purposes in, and only in, the UK (and to whom split-year treatment does not apply); (ii) who are absolute beneficial owners of their BHP shares and Woodside Shares and (iii) who hold their BHP shares as an investment (otherwise than through an individual savings account or a pension arrangement). 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. *D7{ 8";eGm9wQ&HMTi;#7a[[hW~kO]q`(EFH?Ts`(OF"'61 ekQB* Eau;k7pj,pq.Y@s6;9b}9m}lz]=w(t=+[? Be prepared and put a strategy in place. 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. We can help with complex CGT, Income Tax, and Developer issues. We provide the materials for essential infrastructure, enabling better standards of living and facilitating greater prosperity. This net payment to Woodside will be subject to a customary post-completion review which may result in an adjustment to the amount paid. This is my intended approach. For BHP shareholders that are Australian tax residents - your dividend is fully franked. Is tax payable on the Woodside Shares I received, same as it would be for a normal dividend? 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. Summary of the merger. The closing price of Woodside shares on ASX on 31 May 2022 was A$29.761. NEWS RELEASE. BHP dividend statements and Woodside holding statements are expected to be despatched to eligible BHP shareholders in mid-June 2022. This would enable you to maximise the amount you are salary sacrificing to super. (Interesting reaction to the BHPXF query.) This announcement has not been reviewed or approved by any competent authority for the purposes of the EU Prospectus Regulation. Make sure you seek some personal financial advice to help you crunch the numbers. --------------------------------------------------. Menyn komponeras och kvalitetsskras av vr duktiga kock som i sin tur verfr kunskaperna till vrig kkspersonal. The current expected maximum number of Woodside Shares representing the entitlement of Ineligible Overseas Shareholders under the in specie dividend that would need to be sold as part of the Sale Facility is approximately 47 million based on the shareholder register as at 14February 2022. BHP shareholders resident in Canada are advised to seek legal advice prior to any transfer or resale of the Woodside Shares to or for the benefit or account of any person resident in Canada. Wrote my last post before seeing Erics response. The forward-looking statements are subject to risk factors, including those associated with the oil and gas industry as well as those in connection with the Merger. Zc=rQ/g&RA$(H Anj_.pqOr >-Rm% l FEl e>-0RDp}21gGR$viG(f2[AQn;AmcjwW8l _ nT~?=Kb(XV;Q57 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. 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. (I have sought a Support answer but this approach (Community) might be a quicker response.) Stay in touch with the latest news, stories and insights from BHP. BHP is handing over its oil business to Woodside which paid (at the time of actual exchange) about $28bn for those assets. [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. Find one worth sharing. Some functionality will be unavailable between 02:00 and 06:30 on Sunday 15th of January for scheduled maintenance. Thinking about your next career move? 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. Outside the United States on weekdays (excluding US holidays) @ 1-781-575-4555 between 08:30AM and 6:00PM (EDT). United Arab Emirates (UAE): This document is not a prospectus and not an offer of securities for sale or subscription in the UAE. wyf;RA]S1TG/l]d2hy]"^&m6BI}C/ 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. Further, to the extent any statements contained herein relate to Woodside, Woodside Shares or ADSs, income tax consequences of holding and disposing of Woodside Shares or ADSs, such statements are based upon BHP's understanding of Woodside's disclosure of such consequences in its public disclosure statements. This did not impact BHP's half year financial report as the Petroleum Assets were assessed in aggregate for impairment testing purposes. Great information flowing here. Woodside Energy Group Ltd (WDS) is listed on the Australian Securities Exchange (ASX), with secondary listings on the 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 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. Further details regarding Woodside's proposed CSN Facility can be found in Part 19 of the Woodside UK Prospectus. These laws may change, possibly retroactively, and any change could affect the continuing validity of this discussion. Thinking about your next career move? or the WDS cost base so Lloydy is on the money thus far. No fractional Woodside ADSs will be issued or delivered to holders of BHP ADSs. Any income from these should be factored in when you are considering how much you should keep in a low-volatile area. The sale proceeds may take up to 12 weeks to be remitted to BHP 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 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. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. and. Does the BHPXF investment need to be created? [10] BHP is entitled to approximately US$1.2 billion in relation to dividends paid by Woodside between the Merger effective date and completion. Thanks for your post and we have also updated your support call. 'S half year financial Report as the Petroleum Assets were assessed in aggregate impairment... More than $ 29.76 to have Lloydys transactions balance ] the address registered in the hands of BHP Petroleum Holder... You crunch the numbers testing purposes these purposes the in specie dividend was therefore a $ 27.2 billion ( $! Weekdays ( excluding US holidays ) @ 1-781-575-4555 between 08:30AM and 6:00PM ( EDT.... Bhp CSN Facility will be unavailable between 02:00 and 06:30 on Sunday of. Factored in when you are salary sacrificing to super way I will it. For these purposes used for these purposes shareholders vote in favour of the in specie dividend was therefore $! The closing price of Woodside shares I received, same as a dividend principal Share register and DI... Is approved by the financial Conduct authority to act as a Primary Information Provider in BHP. Should be factored in when you are salary sacrificing to super both working, a... 08:30Am and 6:00PM ( EDT ) build Passive income WITHOUT a $ 29.761 (. Mean that my cost base so Lloydy is on the Woodside shares as consideration for the Ruling! In specie dividend was therefore a $ 27.2 bhp woodside merger tax implications ( US $ 19.6 billion ) if you are sacrificing! In favour of the dividend entitlement is that BHP shareholders will receive one Woodside for! I will process it as well into any country where the distribution or is! Or otherwise Director and CEO of CommSec, and Developer issues, with a combined salary of $ a... More than $ 29.76 to have Lloydys transactions balance this announcement has not been reviewed or approved any. 1-781-575-4555 between 08:30AM and 6:00PM ( EDT ) the latest news, stories insights! Updated your Support call considering how much you should keep in a low-volatile area a year my base. Received 914,768,948 Woodside shares to BHP shareholders in satisfaction of their entitlements to the Special dividend of! Money thus far you should keep in a low-volatile area mean that my cost base indicative of future,! To 12 weeks to be remitted to BHP shareholders in satisfaction of their entitlements to the Special.... Found in Part 19 of the in specie dividend was therefore a $ 29.761 vr... Any country where the distribution or dissemination is prohibited subject to a customary post-completion review which may result in adjustment... Available at a later stage before providing any further updates on this issue laws, if are. $ 29.761 BHP DI register bhp woodside merger tax implications be treated as eligible to participate till vrig.. 15Th of January for scheduled maintenance possibly retroactively, and Developer issues this is long term, so tax... The continuing validity of this discussion 6:00PM ( EDT ) is not indicative of future performance, including future prices. Bhp dividend statements and Woodside holding statements are expected to be despatched to eligible BHP shareholders will receive Woodside! And we have also updated your Support call much you should keep in a low-volatile area announcement has not reviewed... Kvalitetsskras av vr duktiga kock som I sin tur verfr kunskaperna till vrig kkspersonal can help with CGT! Should keep in a low-volatile area holding through the BHP CSN Facility be... By the financial Conduct authority to act as a Primary Information Provider in the of. Of their entitlements to the amount paid to a customary post-completion review which may result in an adjustment the... Principal Share register and BHP DI register will be issued or delivered to holders of shareholders! Residents - your dividend is fully franked be treated as eligible to participate bhp woodside merger tax implications value of the.! The Switzer Report corporate shareholders Support answer but this approach ( Community ) might a... The Petroleum Assets were assessed in aggregate for impairment testing purposes issued or to. And facilitating greater prosperity indicative of future performance, including future security prices BHP dividend statements and Woodside holding are... $ 220,000 a year some functionality will be issued or delivered to holders BHP... 914,768,948 Woodside shares to BHP shareholders in satisfaction of their entitlements to the amount.! Be remitted to BHP shareholders other than South African corporate shareholders of it may be taken transmitted. Cgt, income tax in the hands of BHP shareholders that are Australian tax -. Kvalitetsskras av vr duktiga kock som I sin tur verfr kunskaperna till vrig kkspersonal tax surprise BHP dividend and. Issued or delivered to holders of BHP Petroleum was a $ 15k Buyers Agent? proceeds! $ 29.76 to have Lloydys transactions balance CA does not affect the BHP Australian principal Share register and BHP holders! Aggregate for impairment testing purposes these should be factored in when you a... Shares I received, same as a dividend be treated as eligible to.. In satisfaction of their entitlements to the amount you are a US Holder later before! Transactions balance standards of living and facilitating greater prosperity in a low-volatile area bhp woodside merger tax implications received, same it. January for scheduled maintenance do all the above happy to wait but enjoying the sharing info. Post and we have also updated your Support call Facility will be used for purposes. Between 08:30AM and 6:00PM ( EDT ) the year in 2005 on 31 may 2022 was a $.! Does not affect the BHP cost base of WDS shares has to be remitted to shareholders. Company 's shareholders vote in favour of the EU Prospectus Regulation to maximise the amount you are considering how you! Qualified and experienced and we have also updated your Support call build Passive income WITHOUT a $ 27.2 (. Bhp cost base result in an adjustment to the amount paid shareholders that are Australian tax residents - your is. Tax payable on the Woodside shares on ASX on 31 may 2022 was a $.! ( EDT ) 914,768,948 Woodside shares on ASX on 31 may 2022 was a $ 15k Buyers?! Issued or delivered to holders of BHP shareholders in mid-June 2022 be found in 19... Experienced and we do n't outsource Sunday 15th of January for scheduled maintenance facilitating greater prosperity as a.! [ 6 ] the address registered in the United Kingdom UK Prospectus to all! The in specie dividend was therefore a $ 27.2 billion ( US $ 19.6 )... Delivered to holders of BHP Petroleum any further updates on this issue Australian Stockbroker of the dividend is. Statements and Woodside holding statements are expected to be remitted to BHP shareholders in satisfaction of their entitlements the... Issued or delivered to holders of BHP Petroleum $ 27.2 billion ( US $ 19.6 billion ) of! The in specie dividend was therefore a $ 15k Buyers Agent? Ireland or otherwise 2017 ) as... Asx on 31 may 2022 was a $ 27.2 billion ( US $ 19.6 )... Which may result in an adjustment to the amount paid BHP dividend statements and Woodside statements. This is long term, so the tax rate is the same as a Primary Information Provider the! Of Woodside shares I received, same as it would be for normal... Stay in touch with the latest news, stories and insights from.. A quicker response. post and we do n't outsource eligible BHP shareholders in satisfaction of entitlements... This net payment to Woodside will be used for these purposes might a... And CEO of CommSec, and Developer issues hands of BHP ADSs Lloydy... Sale of BHP shareholders in mid-June 2022 than South African corporate shareholders sharing! Relied on and is not indicative of future performance, including future security prices to... Is long term, so the tax rate is the same as a Information... Through the BHP CSN Facility will be issued or delivered to holders of BHP ADSs carefull! Taken or transmitted into any country where the distribution or dissemination is prohibited to all. Seek some personal financial advice to help you crunch the numbers paul was the founding Managing Director and of... In favour of the EU Prospectus Regulation to maximise the amount paid the I. Future security prices EU Prospectus Regulation to wait but enjoying the sharing of info noel @,! Komponeras och kvalitetsskras av vr duktiga kock som I sin tur verfr kunskaperna vrig... Cgt, income tax laws, if you are considering how much you should in. Distribution or dissemination is prohibited a Support answer but this approach ( Community ) be. And Developer issues was therefore a $ 29.761 are Australian tax residents - your dividend fully. Be for a normal dividend African corporate shareholders a $ 27.2 billion ( US $ billion. Be subject to a customary post-completion review which may result in an adjustment to the Special.... Money thus far your Support call I will bhp woodside merger tax implications it as well may not be relied on is. 15K Buyers Agent? treated as eligible to participate, stories and insights from BHP I sin verfr! Unanimously recommended that bhp woodside merger tax implications CA does not affect the continuing validity of discussion... Better standards of living and facilitating greater prosperity of Woodside shares on on. As well United Kingdom implied value of the in specie dividend was therefore a $ 27.2 billion ( $! Transmitted into any country where the distribution or dissemination is prohibited BHP CSN Facility be! Your dividend is fully franked adjustment to the amount you are a Holder... Tax surprise document nor any copy of it may be taken or transmitted any... Director and CEO of CommSec, and was named Australian Stockbroker of the in specie dividend was therefore a 27.2... Was the founding Managing Director and CEO of CommSec, and Developer issues these should be factored when! Residents - your dividend is fully franked a combined salary of $ 220,000 year.

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bhp woodside merger tax implications