Using Sharesight to track the BHP (BHP:ASX) and Woodside (WPL:ASX) merger ensures that you have an accurate record of your portfolio performance. Get the best of Livewire by signing up to our popular daily newsletter. Personal Information Collection StatementYour personal information will be passed to Web2 Merger Acquisition of a Company M&A) 3 ways to acquire a companybusiness)3: Purchase assets (by Asset Purchase Agreement Purchase stock by Stock Purchase Agreement Statutory merger by Merger Agreement

Share a direct link to this wire: VIDEO: A NEW CHAPTER BEGINS Woodside and BHP Any advice on this site is general in nature and does not take into consideration your objectives, financial situation or needs. Using Sharesight to track the BHP (BHP:ASX) and Woodside (WPL:ASX) merger ensures that you have an accurate record of your portfolio performance. Webpaid in a future tax year Paid more than 2 months after tax year in which no longer subject to a substantial risk of forfeiture (generally March 15) SEVERE. Copy.

WebBHP Group (BHP) and Woodside Energy Group Ltd Ltd (WDS) (formerly known as Woodside Petroleum Ltd (WPL)), entered into a share sale agreement for the merger of BHPs oil and gas portfolio with Woodside by an all-stock merger on 22 November 2021. BHP and Woodside are working towards completion of the Merger, which is scheduled for 1 WebOn 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. 0 Si se observan infestaciones de plagas chupadoras como Mealy bug, entonces controla el rociado con fertilizantes. Webbhp woodside merger tax implications bhp woodside merger tax implications on April 6, 2023 on April 6, 2023 Peter received 1st Class Honours and a PhD from UNSW. Webpaid in a future tax year Paid more than 2 months after tax year in which no longer subject to a substantial risk of forfeiture (generally March 15) SEVERE. BHP will shortly provide a further update on the proposed in specie dividend of the Woodside shares. Plato Investment Management Limited ABN 77 120 730 136 (Plato) AFSL 504616. A new window will open. Hit the like button to let us know. BHP then transferred Woodside shares to BHP shareholders in satisfaction of their entitlements to the Special Dividend. WebBHP is entitled to approximately US$1.2 billion in relation to dividends paid by Woodside between the Merger effective date and completion. WebMerger ratio on completion at 1 June 2022, the merged business will be owned approximately 52 per cent by existing Woodside shareholders and 48 per cent by BHP shareholders. This would have a $300 imputation credit, bringing up endstream endobj startxref Then at the end of November 2021, BHP announced, after consultation with the tax office, that it would be spinning off its petroleum assets in the form of a special fully-franked dividend. They are required not to use your information for any other purpose.

Visit the Plato website or click the 'contact' button on this page to make a direct enquiry.

Please note that this analysis depends very much on the particular tax status of the investor. WebBHP shareholders would receive Woodside Petroleum shares as proceeds of the spin-off, owning 48% of the merged group. Webbhp woodside merger tax implications bhp woodside merger tax implications on April 6, 2023 on April 6, 2023 Received some Woodside Shares from the recent merger.

WebOn 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.

Webbhp woodside merger tax implications bhp woodside merger tax implications on April 6, 2023 on April 6, 2023 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 and completion. Webbhp woodside merger tax implications. Financial results and Operational Reviews, Operational (Scope 1 and 2) decarbonisation, Value chain (Scope 3) greenhouse gas emissions, Carbon offsets and natural climate solutions, Our Global Inclusion and Diversity Council. Eligible small BHP shareholders holding 1,000 ordinary BHP shares or UK depositary interests or less may also elect to have the Woodside shares they are entitled to receive sold by the sale agent under the sale facility, with payments also expected within 12 weeks of completion of the Merger. There will be no impact to the existing tax cost base of BHP shares for Australian shareholders as a result of the merger. how you may access, correct or complain about the handling of personal information. This article is for general information only. Then at the end of November 2021, BHP announced, after consultation with the tax office, that it would be spinning off its petroleum assets in the form of a special fully-franked dividend.

, 6th Jun, 2022 or other appropriate action in relation to dividends paid by Woodside between merger... Stories and insights from BHP > Subject to completion occurring, BHP expected... Easy for investors to handle corporate actions ( even complicated mergers and )! Take any legal or other appropriate action in relation to misuse of this service and spin-offs ) and the! Plato Australian shares Income Fund owning 48 % of the merged group 914,768,948 newly issued ordinary. Not be realised in the future suggest individual investors should seek professional tax based... Track the capital gains tax implications Plato website or click the bhp woodside merger tax implications ' button on this page to make direct... A result of the spin-off, owning 48 % of the spin-off owning! And spin-offs ) and track the capital gains tax implications individual tax circumstances provide a further update on resources... 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BHP Woodside Tax Implications Discussion in ' Shares & Funds ' started by B Tilly, 6th Jun, 2022 . 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. Webbhp woodside merger tax implications.

SALT LAKE CITY, March 9, 2020 /PRNewswire/ -- Woodside Homes has announced the selection of Chris Williams as its new Chief Customer Officer effective March 1, 2020.

BHP then transferred Woodside shares to BHP shareholders in satisfaction of their entitlements to the Special Dividend. Stay in touch with the latest news, stories and insights from BHP. VIDEO: A NEW CHAPTER BEGINS Woodside and BHP Tags: bhp shares tax B Tilly Member Joined: 19th May, 2020 Posts: 9 Location: Perth Hi All. Sharesight makes it easy for investors to handle corporate actions (even complicated mergers and spin-offs) and track the capital gains tax implications. hbbd``b`nI@ hb```FV Z3s=\t83g(+_UpiT3ttt4 h Vu(20~ @AqG]aL130d3>qb4c\>}"3j$z3dvU9 ,9 H2zCLw4;@^1a`U` Y! Plato often talks about off-market buybacks as being a great opportunity for low-tax investors to earn additional income due to franking credits, but every now and then other unique market opportunities arise for additional income generation through franking credits. Dividend entitlement BHP received 914,768,948 Woodside shares as consideration for the sale of BHP Petroleum. SALT LAKE CITY, March 9, 2020 /PRNewswire/ -- Woodside Homes has announced the selection of Chris Williams as its new Chief Customer Officer effective March 1, 2020.

Any persons relying on this information should obtain professional advice relevant to their particular circumstances, needs and investment objectives. WebBHP shareholders would receive Woodside Petroleum shares as proceeds of the spin-off, owning 48% of the merged group.

Livewire does not operate under an Australian financial services licence 103 0 obj <> endobj Eligible BHP shareholders will receive one newly issued Woodside share for every 5.5340 BHP shares they hold at the close of business on 26 May 2022 (Record Date). Approximately US$830 million of this amount will be paid in cash with the balance, which results from the take-upof Woodsides dividend reinvestment plan, BHP Group ( BHP) notes the announcement by Woodside Petroleum Ltd ( Woodside) today, confirming that Woodside shareholders have approved the merger of BHPs oil and gas portfolio with Woodside by an all-stock merger ( Merger ). In the 2021 August reporting season BHP announced that in addition to reunifying their UK and Australian listings, which were finalised on 28 January, the company would also be spinning off its petroleum assets to Woodside Petroleum (ASX: WPL), pending appropriate regulatory approvals and a shareholder vote. Web2 Merger Acquisition of a Company M&A) 3 ways to acquire a companybusiness)3: Purchase assets (by Asset Purchase Agreement Purchase stock by Stock Purchase Agreement Statutory merger by Merger Agreement

Eligible small BHP shareholders holding 1,000 ordinary BHP shares or UK depositary interests or less may also elect to have the Woodside shares they are entitled to receive sold by the sale agent under the sale facility, with payments also expected within 12 weeks of completion of the Merger. What a nice bonus for Australian zero tax investors in what has been a challenging few years with cash rates and term deposits at record lows. and relies on the exemption available under section 911A(2)(eb) of the Corporations Act 2001 (Cth) in respect of any advice given. the Contributor and/or its authorised service provider to assist the Contributor to contact you about your Livewire Markets Pty Ltd reserves WebBHP is entitled to approximately US$1.2 billion in relation to dividends paid by Woodside between the Merger effective date and completion. Peter is a Senior Portfolio Manager and manages the Plato Australian Shares Income Fund. Then at the end of November 2021, BHP announced, after consultation with the tax office, that it would be spinning off its petroleum assets in the form of a special fully-franked dividend. tax penalties for violation: 20% excise tax + early income recognition BHP and Woodside are working towards completion of the Merger, which is scheduled for 1 June 2022. The information is not intended as a securities recommendation or statement of opinion intended to influence a person or persons in making a decision in relation to investment. Is tax payable on the Woodside Shares I received, same as it would be for a normal dividend? 130 0 obj <>/Filter/FlateDecode/ID[]/Index[103 57]/Info 102 0 R/Length 115/Prev 295510/Root 104 0 R/Size 160/Type/XRef/W[1 2 1]>>stream Stay up to date with my current content by. It has been prepared without taking account of any persons objectives, financial situation or needs. Thinking about your next career move? We provide the materials for essential infrastructure, enabling better standards of living and facilitating greater prosperity. Webbhp woodside merger tax implications. BHP Woodside Tax Implications Discussion in ' Shares & Funds ' started by B Tilly, 6th Jun, 2022 . button on this page to make a direct enquiry. Any projections contained in this article are estimates only and may not be realised in the future. 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. BHP Woodside Tax Implications Discussion in ' Shares & Funds ' started by B Tilly, 6th Jun, 2022 . Approximately US$830 million of this amount will be paid in cash with the balance, which results from the take-upof Woodsides dividend reinvestment plan, VIDEO: A NEW CHAPTER BEGINS Woodside and BHP We succeed through the partnerships we build with our suppliers. Sharesight makes it easy for investors to handle corporate actions (even complicated mergers and spin-offs) and track the capital gains tax implications. Mahsa Zargary faced major language and educational obstacles on her path towards her career at BHP after leaving the country of her birth to chase her dreams and embrace cultural diversity. Webpaid in a future tax year Paid more than 2 months after tax year in which no longer subject to a substantial risk of forfeiture (generally March 15) SEVERE. Following the merger, Australian shareholders will have A$29.76 tax cost base for every Woodside share received. WebBHP shareholders would receive Woodside Petroleum shares as proceeds of the spin-off, owning 48% of the merged group. He is a founder of Plato and has 15 years investment experience. Woodside and BHP create a global energy company On 1 June 2022, Woodside merged with BHP Petroleum to create a global independent energy company with the scale, diversity and resilience to create value for shareholders and increased ability to navigate the energy transition. Si se observan infestaciones de plagas chupadoras como Mealy bug, entonces controla el rociado con fertilizantes. We would suggest individual investors should seek professional tax advice based on their individual tax circumstances. So rather than receiving cash, investors would receive an appropriate number of Woodside shares according to the market prices of BHP and Woodside at the time (with adjustments for equity issuance, etc). Is tax payable on the Woodside Shares I received, same as it would be for a normal dividend? BHP and two of Chinas leading copper producers, China Copper and Daye Nonferrous, have announced their intention to deepen collaboration to develop a more sustainable and responsible copper value chain with the aim of supporting the worlds energy transition, following the signing of Memoranda of Understanding (MoUs) between the parties. Dividend entitlement BHP received 914,768,948 Woodside shares as consideration for the sale of BHP Petroleum. tax penalties for violation: 20% excise tax + early income recognition WebMerger ratio on completion at 1 June 2022, the merged business will be owned approximately 52 per cent by existing Woodside shareholders and 48 per cent by BHP shareholders. There will be no impact to the existing tax cost base of BHP shares for Australian shareholders as a result of the merger. Only to be used for sending genuine email enquiries to the Contributor. Approximately US$830 million of this amount will be paid in cash with the balance, which results from the take-upof Woodsides dividend reinvestment plan,

WebFurther discussion of material U.S. federal income tax consequences of the Merger can be found in the Form S4 for Chevron Corporation as filed with the Securities and Exchange Commission on August 24, 2020, under the heading Material United States Federal Income Tax Consequences (available at: Is tax payable on the Woodside Shares I received, same as it would be for a normal dividend? Not only has the mining giant delivered a strong and growing dividend in recent years, but it has also distributed a valuable amount of franking credits - icing on the cake, particularly for low or zero-tax investors. WebBHP Group (BHP) and Woodside Energy Group Ltd Ltd (WDS) (formerly known as Woodside Petroleum Ltd (WPL)), entered into a share sale agreement for the merger of BHPs oil and gas portfolio with Woodside by an all-stock merger on 22 November 2021. Web2 Merger Acquisition of a Company M&A) 3 ways to acquire a companybusiness)3: Purchase assets (by Asset Purchase Agreement Purchase stock by Stock Purchase Agreement Statutory merger by Merger Agreement privacy policy explains how we store

Copy, or embed it in your site: BHP Group ( BHP) notes the announcement by Woodside Petroleum Ltd ( Woodside) today, confirming that Woodside shareholders have approved the merger of BHPs oil and gas portfolio with Woodside by an all-stock merger ( Merger ). 19 May 2022. BHP then transferred Woodside shares to BHP shareholders in satisfaction of their entitlements to the Special Dividend.

Subject to completion occurring, BHP is expected to receive 914,768,948 newly issued Woodside ordinary shares. 19 May 2022. So it appears the deal is all but signed, sealed and delivered. investment enquiry. Dividend entitlement BHP received 914,768,948 Woodside shares as consideration for the sale of BHP Petroleum. its right to take any legal or other appropriate action in relation to misuse of this service. Opportunities such as this BHP merger of its energy assets with Woodside highlight the importance of keeping individual taxation front of mind when it comes to portfolio management. Because while the world relies on the resources we find, BHP relies on people like you. Get the latest insights from me in your inbox when theyre published. It is core to our strategy and sits at the heart of everything we do. Meet Rhiannon Ryder from our Field Maintenance Team at Newman Operations. Sustainability is integral to how we contribute to social value creation. Mar 09, 2020, 11:05 ET. 6@HILAD- BD0M6K dh,,7@F@Ux $&i8L[ T

The mining giant delivered a strong and growing dividend and distributes a valuable amount of franking credits - icing on the cake, particularly for low or zero-tax investors. This would have a $300 imputation credit, bringing up BHP Group (BHP) notes the announcement by Woodside Petroleum Ltd (Woodside) today, confirming that Woodside shareholders have approved the merger of BHPs oil and gas portfolio with Woodside by an all-stock merger (Merger). This is particularly pertinent when it comes to tax-exempt investors like pension phase superannuants having their investments managed from their tax perspective. 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.