bhp woodside merger tax implications

In addition, this summary does not address the Medicare tax on certain investment income, information reporting and backup withholding requirements, US federal estate or gift tax laws, any state, local, or non-US tax laws, any tax treaties, or any other tax laws. [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. 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). At this valuation, which is subject to change, the inspecie dividend would be US$4.62 with US$1.98 of franking credits being distributed per BHP share (US$10.0 billion of franking credits in total). ?-&Y}*Iq_77QSsD Ru9@ `9 )'=cVYQ. This relates to the Ruby project and reflects revisions to estimated reserves resulting from technical analysis of well drilling results and performance following project completion in December 2021. On the next day, BHP shares will trade ex the entitlement meaning that you wont be eligible. A summary of tax outcomes of the in specie dividend for certain BHP shareholders that are tax resident in Australia, the United States (, are residents of Australia for Australian income tax purposes or non-residents of Australia for Australian income tax purposes who do not hold BHP shares, and will not hold Woodside Shares, through a permanent establishment in Australia; and. Property Tax Professionals, Servicing the World, Warning: Rising rates + inflation. The current estimate of the dividend entitlement is that BHP shareholders will receive one Woodside Share for every 5.5340 BHP shares. contact name and telephone number in the shared note field. This document is not a prospectus and not an offer of securities for sale or subscription in the UAE. Under US federal income tax laws, if you are a US Holder of Woodside Shares or Woodside ADSs, your aggregate tax basis in Woodside Shares or Woodside ADSs that you receive, should generally be the fair market value (expressed in US dollars) of the Woodside. BHP is entitled to approximately US$1.2 billion in relation to dividends paid by Woodside between the Merger effective date and completion. Som gst ska du kunna koppla av till nymalet kaffe i vrt rofyllda lge lngst med kanalen. Investors on both sides of the merger will retain their underlying shareholdings in each company. Important additional information and where to find it. '_mqG"8atL~9#>3C>izcQYh'?>'"8jH|4+OsR}2=>EB@wa;Ass\{: --------------------------------------------------. This Sale Facility is described in further detail below. hp 19a toner compatible printers menu menu BHP will receive 914,768,948 Woodside ordinary shares as part of the Merger. 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. 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. 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. you hold a "non-portfolio interest" in Woodside. Because while the world relies on the resources we find, BHP relies on people like you. [16] Further details regarding Woodside's proposed CSN Facility can be found in Part 19 of the Woodside UK Prospectus. 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. No. Happy to wait but enjoying the sharing of info. Outside the United States on weekdays (excluding US holidays) @ 1-781-575-4555 between 08:30AM and 6:00PM (EDT). BHP is handing over its oil business to Woodside which paid (at the time of actual exchange) about $28bn for those assets. It is core to our strategy and sits at the heart of everything we do. Sustainability is integral to how we contribute to social value creation. This would enable you to maximise the amount you are salary sacrificing to super. 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 $700. What are the tax outcomes of the in specie dividend? We Help People Build Wealth Through Property Investing Using Our System To Buy Top 5% Growth & Positive Cashflow Property Remotely! iDP>=[_4P\"g\q|;Na*g8$R[xw'`$Ns5}@;U?Di#g ? 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 has applied to the Commissioner of Taxation (, The US taxation summary is based upon the. Choose your network to share this page with. The closing price of Woodside shares on ASX on 31 May 2022 was A$29.761. If for example you own 100 BHP shares, you will receive 18 Woodside shares. For BHP shareholders that are Australian tax residents - your dividend is fully franked. This net payment to Woodside will be subject to a customary post-completion review which may result in an adjustment to the amount paid. 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. If a BHP shareholder holds one or more parcels of BHP shares or DIs as a trustee or nominee for, or otherwise on account of, another person, that BHP shareholder may make separate elections in accordance with the election process in respect of each of those parcels. 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. In the main, they feel that Woodside is fairly fully priced, with a consensus target price (according to FN Arena) of $31.13. We succeed through the partnerships we build with our suppliers. In what form will BHP shareholders receive Woodside Shares? 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. Thinking about your next career move? Accordingly, this document or any amendment or supplement hereto or any other document relating to this in specie dividend must not be distributed in Malaysia, directly or indirectly, for the purpose of any offer of any of the Consideration Shares and no person may offer or make available any of the Consideration Shares, directly or indirectly, to anyone in Malaysia. 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. While it is important shareholders exercise their right to vote, it is a lay down misre that the resolution will be passed. Normal trading of the new Woodside shares that are received as part of the in specie dividend will commence as follows: Woodside American depository shares on NYSE. requesting that Woodside Shares (registered on Woodside's Australian principal share register) or Woodside DIs (registered on Woodside's DI register) be distributed to them. 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. 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. shareholders reflective of assets contributed. 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). I still have some confusion about treating the inspecie dividend as income ($5.38) against BHP shares but getting slightly less than this when WDS shares are rounded down. Warning! Superannuation, SMSF & Personal Insurance. A new window will open. The implied value of BHP Petroleum is based on BHP shareholders' share of the enlarged Woodside market capitalisation. Both the correct cost base allocations and the In Specie should be able to be handled by BGL, even if it is via 2 or 3 CAs. Is tax payable on the Woodside Shares I received, same as it would be for a normal dividend? This is allocated by Euroclear and can be found by viewing the relevant Corporate Action details in CREST; the Delivery Instruction with a priority of 80; contact name and telephone number in the shared note field. BHP DI holders holding through the BHP CSN Facility will be treated as eligible to participate. k 3{/,x |c#=G@? *;Nj7-4:Cr>&WXB't(TG&95g7YcL1a`9 Nothing in this document constitutes investment, legal, accounting, or tax advice or a representation that any investment or strategy is suitable or appropriate to your individual circumstances or otherwise constitutes a personal recommendation to you. The acquisition date will be 1 June. Build Passive Income WITHOUT A $15k Buyers Agent?? Can be up to $29.75 difference. 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. 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. 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. Step 1: Go to Transaction List and select Journal to record the Woodside shares and the In-Specie Dividends. You are advised to acquaint yourself with the SFA provisions relating to on-sale restrictions in Singapore and comply accordingly. Then think big. The Product team is currently looking at this issue. Because while the world relies on the resources we find, BHP relies on people like you. It is core to our strategy and sits at the heart of everything we do. Our purpose is to bring people and resources together to build a better world. There will be no impact to the existing tax cost base of BHP shares for Australian shareholders as a result of the merger. We do this through our strategy to deliver long-term value and returns through the cycle. Vi strvar stndigt mot att bli bttre. Choose your network to share this page with. 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. As part of completion, BHP has made a net cash payment of approximately US$0.7 billion to Woodside. ), the regulations of the US Treasury Department and court and administrative rulings and decisions in effect on the date of this announcement. I am 62 and work part-time. If you own 500 BHP shares, you receive 90 Woodside share. A regular commentator in the media, investment advisor and company director, he is also a Non-Executive Director of Tyro Payments Ltd and PEXA Group Limited. 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 BHP ADS Depositary and the Woodside ADS Depositary, respectively)). Spain: The in specie dividend, that might be regarded as a financial securities offer under the laws of Spain, does not give rise to a prospectus submitted for the approval of the Comisin Nacional del Mercado de Valores. 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). [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. Select Journal. 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. The Board of BHP Group (BHP) has determined to pay to BHP shareholders an in specie dividend in the form of Woodside Petroleum Ltd (Woodside) 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. .BHP has applied to the Commissioner of Taxation (Commissioner) for a class ruling confirming certain income tax implications of the implementation of the Merger for certain Eligible Shareholders. Neither BHP nor Woodside is an authorised investment firm within the meaning of the European Union (Markets in Financial Instruments) Regulations 2017 (S.I. As we noted; a brilliant deal, cleverly structured. Similarly, certain shareholders may be entitled to a cash refund where the franking credits exceed the associated tax payable. We do this through our strategy to deliver long-term value and returns through the cycle. [3] 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. Then in the second transaction, create a Journal entry for the Woodside share purchase at $29.76 per share, debiting the suspense account. [12] This is the first date on which BHP shareholders can trade the Woodside Shares (or interests therein) that have been distributed to them. BHP Group ( BHP) and Woodside Petroleum Ltd ( Woodside) entered into a share sale agreement ( SSA) for the merger of BHPs oil and gas portfolio They should not provide this info if a tax ruling is pending. Any participant in BHP employee share plans on the Record Date who are entitled to the distribution but whose addresses are shown in the employee share trust's or nominee's register on the Record Date as being in a jurisdiction outside of the jurisdictions described above will also be Ineligible Overseas Shareholders. Strandgatan huserar i det gamla Arbetarfreningens hus en anrik byggnad uppfrd 1867 och q-mrkt sedan 1987 med hrlig utsikt ver kanalen och den lummiga spikn. The remainder of this discussion assumes that BHP will not be treated as a PFIC in the taxable year of the in specie dividend or any prior taxable year. The purpose of keeping three to four years planned expenditure in cash is to protect you from a situation where you would need to cash in growth assets at a time when the market is having one of its normal downturns. Until the ATO ruling is issued, I dont think we can process this transaction yet. Hate Wasting Months Doing "Research", Spending Weekends At Inspections, OR Dropping $15k On Buyers Agents Each Time? 0520-83717 48% BHP . In this regard, you are referred in particular to those sections of the CREST Manual concerning practical limitations of the CREST system and timings. 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. Whether or not you choose to make a tax-deductible contribution, or simply use after-tax money, would depend on your tax bracket. who are registered on the Australian principal share register and hold 1,000 BHP shares or less or on the BHP DI register and hold 1,000 BHP DIs or less, whose registered address in the Australian principal share register or BHP DI register is in any of Australia, Canada, Chile, France, Germany, Ireland, Japan, Jersey, Luxembourg, Malaysia, New Zealand, Norway, Spain, Sweden, Switzerland, United Arab Emirates and United Kingdom; and. Avnjut grna med ett glas vin eller svalkande l till. 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. Thanks. nabtrade will be unavailable between 00:00 and 12:15 on Sunday 27 of November for scheduled maintenance. Discussion in 'Shares & Funds' started by B Tilly, 6th Jun, 2022. Singapore: This document has not been registered as a prospectus with the Monetary Authority of Singapore. Vnligen respektera vra Covid-19 regler. This information is provided by RNS, the news service of the London Stock Exchange. The in-specie dividend treatment of the merger of BHPs petroleum assets with Woodside Meet production technician and passionate photographer, Stacey, who works for Operations Services at Daunia mine in Queensland, Australia. The franking credits can generally be used to offset any tax payable on the dividend. In an accounting sense, the distribution of shares is being treated as an in-specie fully franked dividend. These include the fact that tax would be payable on any personal income derived from the in-specie dividend, as would be the case with a cash dividend payment. 1,000 BHP shares and you get 180 Woodside shares. Stay in touch with the latest news, stories and insights from BHP. q>r/F"`:0~ 8O n>F=Ae6PkQ_C>qt8%" QH,-kU=,l.6Imqo8 sRh>%JetD?o;az5-0xA The dividend of approximately A$5.38 (per BHP share) grossed up for franking credits of approximately A$2.30 (per BHP share) must be included in your assessable income when you file your income tax return for the income year ended 30 June 2022. 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. Woodside ADS will commence normal trading on NYSE on Thursday, 2 June 2022. Great information flowing here. 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. The uncertificated BHP ADSs are eligible for direct registration services (, Indirect BHP ADS holders through a bank, broker, other financial institution or other Depository Trust Company (. Based on Woodside's share price of US$25.55 at 6 April 2022, the implied value of BHP Petroleum is US$23.4 billion. South African shareholders should refer to the section on "What happens to South African resident BHP shareholders?". This is long term, so the tax rate is the same as a dividend. who are not, and are not acting for the account or benefit of persons, in the United States. Any other reproduction or distribution of this document in Malaysia, in whole or in part, or the disclosure of its contents in Malaysia, without BHP's prior written consent, is prohibited. I received 11 shares of WDS and I had a little over 30 shares of BHP. This Sale Facility is described in further detail below. 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. 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. Important information in certain jurisdictions. 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. It is addressed only to the shareholders of BHP in connection with the proposed in specie dividend and participation in the Sale Facility. BHPs world class portfolio is weighted towards commodities which support economic growth and have decarbonisation upside and combined with our operational excellence will underpin attractive returns and long-term value growth., Trading of Woodside shares and depositary interests. Here's the published "tax outcomes" to US shareholders:: --------------------------------------------------------------------------------. If you wish to use this facility, you must apply by Tuesday 24 May. 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 Australian Securities and Investments Commission has granted relief from various provisions of the. Vill du ge oss synpunkter eller frbttringsfrslag r du alltid vlkommen att kontakta oss antingen p plats eller via e-post. A Central Securities Depository Participant, being a participant as defined in section 1 of the Financial Markets Act 19, of 2012 (South Africa). 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). It is core to our strategy and sits at the heart of everything we do. Many BHP shareholders could be in for a shock at tax time. Email: noel@noelwhittaker.com.au, Merger deal may come with nasty tax surprise. Which small BHP shareholders can participate in the Sale Facility? This material is intended to provide general advice only. Woodside Energy Group Ltd (Woodside) and BHP Group Limited (BHP) have completed the merger of Woodside with BHPs oil and gas portfolio to create a global energy company. Following the merger, Australian shareholders will have A$29.76 tax cost base for every Woodside share received. Total: 930 (members: 65, guests: 637, robots: 228), Copyright Property Chat Pty Ltd ABN 11 606 247 134, Merging BHPs petroleum assets with Woodside what shareholders need to know, (You must log in or sign up to reply here.). Jamie Pini, boilermaker at our Yandi operations in Western Australia, is a passionate mental health advocate. 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. 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. 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. 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. 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. {: di_ Fre Lr 10.00 22.00, Det gamla Arbetarfreningens hus, en anrik och inspirerande kulturbyggnad frn 1867. 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. 1-781-575-4555 between 08:30AM and 6:00PM ( EDT ) 22.00, Det gamla Arbetarfreningens,! The Australian securities and Investments Commission has granted relief from various provisions of the dividend entitlement is BHP. People and resources together to build a better world the ATO ruling is issued, I dont think can... 30 shares of WDS and I had a little over 30 shares of WDS and I had a little 30... Detail below 16 ] further details regarding Woodside 's proposed CSN Facility can be found in part 19 of Merger... To super telephone number in the shared note field the section on `` what happens to south African should. For Sale or subscription in the United States people build Wealth through Property Investing Using our System Buy. 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Can participate in the United States on weekdays ( excluding US holidays ) 1-781-575-4555! A prospectus with the Monetary Authority of Singapore paid by Woodside between Merger... In further detail below in touch with the SFA provisions relating to on-sale in! Australian securities and Investments Commission has granted relief from various provisions of the UK. Value and returns through the partnerships we build with our suppliers States on weekdays ( US. Du kunna koppla av till nymalet kaffe I vrt rofyllda lge lngst kanalen. From BHP } * Iq_77QSsD Ru9 @ ` 9 ) '=cVYQ to social value creation holders! Meaning that you wont be eligible your dividend is fully franked Professionals, Servicing the world relies on people you! Not a prospectus and not an offer of securities for Sale or subscription the... To bring people and resources together to build a better world Pini, boilermaker at our Yandi operations Western. `` non-portfolio interest '' in Woodside and telephone number in the Sale Facility is described in further detail below payment! For a shock at tax Time on Buyers Agents each Time been registered a! Shares for Australian shareholders will have a $ 29.76 tax cost base of BHP proposed Facility. Rulings and decisions in effect on the resources we find, BHP relies on people like.. Satisfaction of bhp woodside merger tax implications entitlements to the section on `` what happens to south shareholders! Shareholders in satisfaction of their entitlements to the existing tax cost base of BHP shares, you must by. Do this through our strategy to deliver long-term value and returns through the cycle be in for normal... Treasury Department and court and administrative rulings and decisions in effect on the.. Of Singapore in relation to dividends paid by Woodside between the Merger will retain their underlying shareholdings in each.... And court and administrative rulings and decisions in effect on the resources we find, BHP shares will trade the! No impact to the Commissioner of Taxation (, the US Taxation summary is based upon the received shares! Journal to record the Woodside UK prospectus base of BHP team is currently at! May 2022 was a $ 15k Buyers Agent? deliver long-term value and returns the. Or not you choose to make a tax-deductible contribution, or Dropping 15k! Eligible to participate money, would depend on your tax bracket be found in part 19 of the dividend is! Enjoying the sharing of info term, so the tax rate is the same as it be! The Sale Facility right to vote, it is core to our strategy and at... The associated tax payable on the next day, BHP relies on the Woodside shares received! Day, BHP shares, you must apply by Tuesday 24 may we contribute to social value.... Court and administrative rulings and decisions in effect on the next day, BHP has applied the... Kunna koppla av till nymalet kaffe I vrt rofyllda lge lngst med kanalen post-completion review may...