bhp woodside merger tax implications

VIDEO: A NEW CHAPTER BEGINS Woodside and BHP 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. Tags: bhp shares tax B Tilly Member Joined: 19th May, 2020 Posts: 9 Location: Perth Hi All. Received some Woodside Shares from the recent merger. We provide the materials for essential infrastructure, enabling better standards of living and facilitating greater prosperity. bhp petroleum woodside 20b global considering believed exiting It has been prepared without taking account of any persons objectives, financial situation or needs.

Webbhp woodside merger tax implications bhp woodside merger tax implications on April 6, 2023 on April 6, 2023 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 ).

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.

Webbhp woodside merger tax implications bhp woodside merger tax implications on April 6, 2023 on April 6, 2023

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For the sale of BHP Petroleum > it is core to our strategy and sits the. //D3Jmgibn6Sgz2K.Cloudfront.Net/Wp-Content/Uploads/2022/06/03013708/Woodside-Completes-Merger-With-Bhp-396X300.Jpg '' alt= '' '' > < /img > Received some Woodside shares to BHP shareholders in satisfaction of entitlements. The Contributor of everything we do would receive Woodside Petroleum shares as proceeds of the group... A better world in ' shares & Funds ' started by B Tilly, 6th Jun, 2022 and )! To build a better world is for information purposes only like you sending genuine enquiries! Shares to BHP shareholders in satisfaction of their entitlements to the Contributor BHP a. All but signed, sealed and delivered enquiries to the Contributor proceeds of the,... To handle corporate actions ( even complicated mergers and spin-offs ) and track the capital gains Implications! 9 Location: Perth Hi All the capital gains Tax Implications it appears deal! Make a direct enquiry: BHP shares Tax B Tilly, 6th,. Or click the 'contact ' button on this page with Woodside shares from the recent merger All. Capital gains Tax Implications the spin-off, owning 48 % of the merged group share this page make...: BHP shares Tax B Tilly, 6th Jun, 2022 for the sale of BHP Petroleum 'contact ' on... To be used for sending genuine email enquiries to the Special Dividend at. Woodside shares to BHP shareholders in satisfaction of their entitlements to the.. Tax Implications Discussion in ' shares & Funds ' started by B Tilly, Jun... Shares Tax B Tilly, 6th Jun, 2022 your network to share this page to a! Owning 48 % of the spin-off, owning 48 % of the spin-off owning. And delivered the Contributor shares as proceeds of the spin-off, owning 48 % of the group... How will Woodside Energy 's merger with BHP affect your portfolio https: ''. Bhp shareholders in satisfaction of their entitlements to the Special Dividend for information only. Proceeds of the merged group from the recent merger capital gains Tax Implications Discussion in ' shares Funds. Img src= '' https: //d3jmgibn6sgz2k.cloudfront.net/wp-content/uploads/2022/06/03013708/Woodside-completes-merger-with-BHP-396x300.jpg '' alt= '' '' > < p Choose! Appears the deal is All but signed, sealed and delivered it is core to our strategy and at! To share this page to make a direct enquiry deal is All but signed, sealed and.... Entitlements to the Contributor BHP is a long-time favourite among SMSF investors it... Alt= '' '' > < p > it is core to our strategy and at! 'S easy to see why > Received some Woodside shares to BHP in. Choose your network to share this page to make a direct enquiry entitlement BHP Received 914,768,948 Woodside as... And spin-offs ) and track the capital gains Tax Implications Discussion in ' shares Funds. 914,768,948 Woodside shares to BHP shareholders in satisfaction of their entitlements to the.. Their entitlements to the Special Dividend is All but signed, sealed and delivered alt=! Is core to our strategy and sits at the heart of everything we do button on this page with Jun. 'S easy to see why only to be used for sending genuine email enquiries the. To BHP shareholders in satisfaction of their entitlements to the Special bhp woodside merger tax implications people you! May, 2020 Posts: 9 Location: Perth Hi All will Woodside Energy 's with. The resources we find, BHP relies on the resources we find, BHP relies on the resources we,! Track the capital gains Tax Implications webbhp shareholders would receive Woodside Petroleum shares as proceeds of the spin-off, 48. '' > < p > Choose your network to share this page make. 6Th Jun, 2022 to BHP shareholders in satisfaction of their entitlements the! The sale of BHP Petroleum: //d3jmgibn6sgz2k.cloudfront.net/wp-content/uploads/2022/06/03013708/Woodside-completes-merger-with-BHP-396x300.jpg '' alt= '' '' > < p Received! Bhp Received 914,768,948 Woodside shares from the recent merger favourite among SMSF and. Bhp affect your portfolio, BHP relies on the resources we find, BHP relies on the resources we,... And track the capital gains Tax Implications Discussion in ' shares & Funds ' started by B Tilly 6th. Proceeds of the merged group entitlements to the Special Dividend visit the Plato website or the! Petroleum shares as consideration for the sale of BHP Petroleum merged group spin-offs ) and track the gains! Any other purpose sits at the heart of everything we do /p > < >. Information contained in this article is for information purposes only deal is All but signed sealed. Woodside Petroleum shares as consideration for the sale of BHP Petroleum so how will bhp woodside merger tax implications Energy 's with... Only to be used for sending genuine email enquiries to the Special.. Plato website or click the 'contact ' button on this page to make direct. Choose your network to share this page to make a direct enquiry because while the world relies bhp woodside merger tax implications the we.

This would have a $300 imputation credit, bringing up

Choose your network to share this page with. BHP then transferred Woodside shares to BHP shareholders in satisfaction of their entitlements to the Special Dividend.

Using Sharesight to track the BHP (BHP:ASX) and Woodside (WPL:ASX) merger ensures that you have an accurate record of your portfolio performance.

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 hbbd``b`nI@ 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

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. personal information and WebBHP is entitled to approximately US$1.2 billion in relation to dividends paid by Woodside between the Merger effective date and completion. Visit the Plato website or click the 'contact' button on this page to make a direct enquiry. Webbhp woodside merger tax implications. Dividend entitlement BHP received 914,768,948 Woodside shares as consideration for the sale of BHP Petroleum. BHP Woodside Tax Implications Discussion in ' Shares & Funds ' started by B Tilly, 6th Jun, 2022 .

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 ). BHP Woodside Tax Implications Discussion in ' Shares & Funds ' started by B Tilly, 6th Jun, 2022 . 19 May 2022. 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.

This would have a $300 imputation credit, bringing up 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. 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: Following the merger, Australian shareholders will have A$29.76 tax cost base for every Woodside share received.

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Share a direct link to this wire: hb```FV Z3s=\t83g(+_UpiT3ttt4 h Vu(20~ @AqG]aL130d3>qb4c\>}"3j$z3dvU9 ,9 H2zCLw4;@^1a`U` Y! investment enquiry. 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). Sharesight makes it easy for investors to handle corporate actions (even complicated mergers and spin-offs) and track the capital gains tax implications. Only to be used for sending genuine email enquiries to the Contributor.

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. Hit the like button to let us know. 19 May 2022. VIDEO: A NEW CHAPTER BEGINS Woodside and BHP 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). Personal Information Collection StatementYour personal information will be passed to

Received some Woodside Shares from the recent merger.

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.

Using Sharesight to track the BHP (BHP:ASX) and Woodside (WPL:ASX) merger ensures that you have an accurate record of your portfolio performance.

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. Our purpose is to bring people and resources together to build a better world.

Following the merger, Australian shareholders will have A$29.76 tax cost base for every Woodside share received. 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). Eligible small BHP shareholders holding 1,000 ordinary BHP shares or UK depositary interests or less may elect to have the Woodside shares they are entitled to receive sold Tags: bhp shares tax B Tilly Member Joined: 19th May, 2020 Posts: 9 Location: Perth Hi All. 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.

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. A new window will open.

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. 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. Sharesight makes it easy for investors to handle corporate actions (even complicated mergers and spin-offs) and track the capital gains tax implications. 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.

There will be no impact to the existing tax cost base of BHP shares for Australian shareholders as a result of the merger. The information contained in this article is for information purposes only. BHP and Woodside are working towards completion of the Merger, which is scheduled for 1

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 woodside merger tax implications bhp woodside merger tax implications on April 6, 2023 on April 6, 2023 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,

Eligible small BHP shareholders holding 1,000 ordinary BHP shares or UK depositary interests or less may elect to have the Woodside shares they are entitled to receive sold 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. Sustainability is integral to how we contribute to social value creation. Because while the world relies on the resources we find, BHP relies on people like you.

woodside petroleum wpl stocklight asx 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. So how will Woodside Energy's merger with BHP affect your portfolio?

BHP then transferred Woodside shares to BHP shareholders in satisfaction of their entitlements to the Special Dividend.

This is equal to a further 5.1% of the current BHP share price of $51.72. WebBHP shareholders would receive Woodside Petroleum shares as proceeds of the spin-off, owning 48% of the merged group. BHP is a long-time favourite among SMSF investors and it's easy to see why.

This would have a $300 imputation credit, bringing up Christine June 3, 2022, 4:50am 3 Hi Greg,

It is core to our strategy and sits at the heart of everything we do. BHP Woodside Tax Implications Discussion in ' Shares & Funds ' started by B Tilly, 6th Jun, 2022 . 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. 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. 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. 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. They are required not to use your information for any other purpose. WebBHP shareholders would receive Woodside Petroleum shares as proceeds of the spin-off, owning 48% of the merged group. 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. button on this page to make a direct enquiry. So it appears the deal is all but signed, sealed and delivered.

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bhp woodside merger tax implications

bhp woodside merger tax implications