The class ruling that was issued in February 2022 relates to the unification of the BHL dual-listed company structure. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. 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. Malaysia: No recognition from the Securities Commission Malaysia has been applied for or will be obtained for the in specie dividend under the Capital Markets and Services Act 2007. In lieu of a cash dividend payment, you will receive shares. 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. Furthermore, this summary does not address all US federal income tax considerations that may be relevant to certain categories of US Holders that may be subject to special treatment under the US federal income tax laws, will not be treated as a Passive Foreign Investment Company (, the determination of whether a foreign corporation is a PFIC is primarily factual and there is little administrative or judicial authority on which to rely to make such a determination, the United States Internal Revenue Service (. Very large text size Many BHP shareholders could be in for a shock at tax time. This would have a $300 imputation credit, bringing up the gross dividend to $1000. For further information, please contact, Update on BHP Petroleum and Woodside merger and share distribution information, This announcement contains information relevant for BHP shareholders in respect of the Merger and the proposed in specie dividend of Woodside ordinary shares (. Know the non-concessional contributions cap? This Sale Facility is described in further detail below. We are focused on unlocking pre-tax annual synergies of more than $400 million as we merge the two businesses. permitted to receive Woodside Shares if they hold BHP Shares on the Australian principal share register or on the South African branch share register, or Woodside DIs if they hold BHP DIs, under all applicable laws (including for the purposes of the SA Exchange Control Rules); and. The only action BHP shareholders may wish to consider is to avail themselves of the small shareholder sale facility. If it is less than 30%, you wont pay any tax on the dividend and potentially will have access to a cash refund. We Help People Build Wealth Through Property Investing Using Our System To Buy Top 5% Growth & Positive Cashflow Property Remotely! Were working to restore it. nabtrade will be unavailable between 00:00 and 12:15 on Sunday 27 of November for scheduled maintenance. Hydrocarbon Engineering , Wednesday, 01 June 2022 10:00. BHP does not take any responsibility in connection with a BHP shareholder's nomination to be an Eligible SA Shareholder, and each BHP shareholder nominating as an Eligible SA Shareholder must satisfy itself that they are permitted to receive Woodside Shares or Woodside DIs, including by seeking the advice of professional and legal advisers. a trust (A) the administration of which is subject to the primary supervision of a US court and which has one or more "United States persons" (within the meaning of Section 7701(a)(30) of the Code) who have the authority to control all substantial decisions of the trust or (B) that has made a valid election under applicable US Treasury regulations to be treated as a United States person. The implied value of the in specie dividend was therefore A$27.2 billion (US$19.6 billion). 08 April 2022. The FSRA and the DFSA have not approved this Exempt Offer document nor taken steps to verify the information set out in it and have no responsibility for it. A new window will open. hold their BHP shares (and will hold their Woodside Shares) on capital account. 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. 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. 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. Because while the world relies on the resources we find, BHP relies on people like you. Rather than keep the Woodside shares, BHP has decided to distribute them to its shareholders. Here's the published "tax outcomes" to US shareholders:: --------------------------------------------------------------------------------. They really should be able to work this out! In the main, they feel that Woodside is fairly fully priced, with a consensus target price (according to FN Arena) of $31.13. We provide the materials for essential infrastructure, enabling better standards of living and facilitating greater prosperity. Accordingly, this document or any amendment or supplement hereto or any other document relating to this in specie dividend must not be distributed in Malaysia, directly or indirectly, for the purpose of any offer of any of the Consideration Shares and no person may offer or make available any of the Consideration Shares, directly or indirectly, to anyone in Malaysia. Quote Choose your network to share this page with. Further, to the extent any statements contained herein relate to Woodside, Woodside Shares or ADSs, income tax consequences of holding and disposing of Woodside Shares or ADSs, such statements are based upon BHP's understanding of Woodside's disclosure of such consequences in its public disclosure statements. Hi Leslee BGL support could not tell me why we needed BHPXF ??? (I have sought a Support answer but this approach (Community) might be a quicker response.) D2T{p*#!DC@@f aI0L[DJ+b'$eDU#`LiM|YB ~WjNSk $t5[xF@8%UT,QYa|& RnAzzUqBaWo !P)[c .$ '^][ $k^zi&G QhOU*{yM)?wZBIDaWs5EcZ,AKQ0p[:2%? No. The in-specie dividend treatment of the merger of BHPs petroleum assets with Woodside Many BHP shareholders could be in for a shock at tax time. Step 1: Go to Transaction List and select Journal to record the Woodside shares and the In-Specie Dividends. A share sale facility will be in place for eligible small BHP shareholders who elect to participate, and for shareholders who are ineligible to receive Woodside Shares. 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. On May 19th, 2022, Woodside (WDS:ASX) announced that it had approved to be acquired by BHP Group Ltd (BHP:ASX) effective by June 1st, 2022. 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. I have $100,000 in a bank account, which Centrelink says it would assess, even though I am not claiming the pension. I took a simpler approach to the value. 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. 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). Neither this document nor any copy of it may be taken or transmitted into any country where the distribution or dissemination is prohibited. Normal system timing and limitations will therefore apply in connection with a TTE instruction and its settlement. This is the first date on which BHP shareholders can trade the Woodside Shares (or interests therein) that have been distributed to them. A share sale facility will be in place for eligible small BHP shareholders who elect to participate, and for shareholders who are ineligible to receive Woodside Shares. Woodside has today published an explanatory memorandum and notice of meeting for the Woodside shareholder vote scheduled for 19 May 2022. [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. The class rulingapplication is principally concerned with (i) confirming that demerger tax rollover relief will not be available in respect of the in specie dividend (ii) confirming the Australian income tax consequences of receiving the in specie dividend; and (iii) participating in the Sale Facility. 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. 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). 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 Select Journal. 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. 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. 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. Based on Woodsides share price of US$25.55 at 6 April 2022, the implied value of BHP Petroleum is US$23.4 billion. BHP shareholders are expected to be entitled to one Woodside Share for every 5.5340 BHP shares they hold on the Record Date. It looks like the CA would not give me (us) the answer. I retired in June 2021 and have a self-managed super fund (SMSF), with investments in shares and cash. As part of completion, BHP has made a net cash payment of approximately US$0.7 billion to Woodside. 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. Be prepared and put a strategy in place. 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). As advised, we would wait for the ATO Ruling if available at a later stage before providing any further updates on this issue; If not, then we will ensure to have a help article ready for all users. 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. Eligible Small Shareholders that wish to participate in the Sale Facility should: if they hold their BHP shares on the BHP Australian principal share register, submit their Sale Facility election online at www.bhppetroleumsharefacility.com.au or return a physical Sale Facility Election Form to BHP's share registry by no later than 5:00pm on 24 May 2022 (AEST). [21] If a BHP shareholder wishes to withdraw an election they have made to participate in the Sale Facility, they must contact the Shareholder Information Line (see below) by no later than the cut-off date for submission of their election described above. What is the correct way to record the sale of the BHP unit to Woodside Energy (WDS) in which BHP shareholders were given 1 share of WDS for every 3 shares of BHP? For shareholders on the South African branch share register, if you do not communicate to your CSDP that you are an Eligible SA Shareholder (as defined below), you will be assumed to be ineligible. 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. 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. BHP intends to fully frank the in specie dividend. They can elect to have their new Woodside shares sold on their behalf, free of brokerage or any charges. The review of this document and any related communication does not fall under the SCA's remit or jurisdiction. 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. BHP will receive 914,768,948 Woodside ordinary shares as part of the Merger. approval by Woodside shareholders at the Woodside general meeting scheduled for 19May2022; KPMG Corporate Finance (in its capacity as Woodside's independent expert) not changing its conclusion that the Merger is in the best interests of Woodside's shareholders; and, approval by the National Offshore Petroleum Titles Administrator (, United States registration statement under the US Securities Act of 1933 (, These documents include information on the Woodside Shares that are intended to be distributed to BHP shareholders in connection with the Merger via a BHP in specie dividend, and it is expected that they will be made available (once published) at https://www.woodside.com.au/investors/woodside-and-bhp-proposed-merger. Neither this document nor any copy of it may be taken or transmitted into any country where the distribution or dissemination is prohibited. [27] For example, this would include those BHP shareholders that have purchased their BHP shares on the JSE and not changed the manner in which they hold their BHP shares. 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. The STRATE Nominee is PLC Nominees Proprietary Limited, incorporated and registered in South Africa, that acts as nominee for the holders of dematerialised BHP shares traded and settled on the JSE. 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. WebBHP Group (BHP) and Woodside Energy Group Ltd (WDS) Merger - May 2022 BHP 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. 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. CHESS is the electronic transfer and settlement system for securities quoted on the ASX under which transfers are effected in electronic form. It is core to our strategy and sits at the heart of everything we do. Because while the world relies on the resources we find, BHP relies on people like you. 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. 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. [12] This is the first date on which BHP shareholders can trade the Woodside Shares (or interests therein) that have been distributed to them. This is my intended approach. Our purpose is to bring people and resources together to build a better world. [28] 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); [29] 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. Approximately US$830 million of this amount will be paid in cash with the balance, which results from the take-up of Woodside's dividend reinvestment plan, factored into the 914.8 million of Woodside shares issued to BHP at completion. A regular commentator in the media, investment advisor and company director, he is also a Non-Executive Director of Tyro Payments Ltd and PEXA Group Limited. This represents the cash dividend that would have been received by holders of the Woodside Shares issued pursuant to the Merger had they been on issue on and from the effective date. Because not actual benefit has been received for this rounding amount, I assume we could simply reduce the in specie dividend to the value of the WDS shares received. I am aged 63, my wife is 60, and we are in no rush to retire. This information was produced by Switzer Financial Group Pty Ltd (ABN 24 112 294 649), which is an Australian Financial Services Licensee (Licence No. Woodside Energy Group Ltd (WDS) is listed on the Australian Securities Exchange (ASX), with secondary listings on the Because BHP has surplus franking credits, the dividend will be fully franked, providing additional benefits to some low tax rate BHP shareholders and reducing any tax impost for high rate shareholders. --------------------------------------------------. Neither BHP nor Woodside is an authorised investment firm within the meaning of the European Union (Markets in Financial Instruments) Regulations 2017 (S.I. Thanks, Lloydy, you make a lot of sense.Will try your approach. Zc=rQ/g&RA$(H Anj_.pqOr >-Rm% l FEl e>-0RDp}21gGR$viG(f2[AQn;AmcjwW8l _ nT~?=Kb(XV;Q57 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. The current estimate of the dividend entitlement is that BHP shareholders will receive one Woodside Share for every 5.5340 BHP shares. [30] 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. 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. Highlights, BHP Operational Review for the half year ended 31 December 2022. Find out more with a free planning session. 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. q>r/F"`:0~ 8O n>F=Ae6PkQ_C>qt8%" QH,-kU=,l.6Imqo8 sRh>%JetD?o;az5-0xA Neither has a prospectus been or will be registered with the Securities Commission Malaysia in connection with the in specie dividend. Choose your network to share this page with. This communication is not a substitute for the Registration Statement or the prospectus or for any other document that Woodside or BHP may file with the SEC in connection with the Merger and in specie dividend. Thanks. As a result, BHP has now distributed Woodside shares to eligible BHP shareholders. Shareholders will be able to obtain free copies of the Registration Statement, prospectus and other documents containing important information about Woodside and BHP once such documents are filed with the SEC, through the website maintained by the SEC at http://www.sec.gov. No offer of securities of Woodside to the public is made, or will be made, that requires the publication of a prospectus pursuant to Irish prospectus law (within the meaning of section 1348 of the Companies Act 2014 of Ireland) in general, or in particular pursuant to the EU Prospectus Regulation. We will wait further for the ATO Ruling if available at a later stage before providing any further updates on this issue. Accordingly, no part of the in specie dividend should be assessable to you in Australia nor subject to dividend withholding tax (, an exemption from income tax in the hands of BHP shareholders who constitute South African corporate shareholders on the basis that the BHP shares in respect of which the foreign dividend is paid are listed on the JSE; and. Woodside has acquired the entire share capital of BHP Petroleum International Pty Ltd (BHPP) and issued 914,768,948 new Woodside shares to BHP, Does this mean that my cost base of WDS shares has to be slightly more than $29.76 to have Lloydys transactions balance? Mobile: +61 411 071 715, Tel: +44 20 7802 7484 The franking credits can then be used as a tax offset. He shares his three tips on finding FIFO happiness. Are there tax implications for BHP shareholders on receipt of Woodside shares? 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, Additional taxation guidance including the, Additional taxation guidance in respect of market value for New Zealand resident shareholders of BHP Billiton Limited is available, Additional taxation guidance in respect of market value for UK resident shareholders of BHP Billiton Plc is available, Additional taxation guidance in respect of market value for US resident shareholders and ADS holders of BHP Billiton Plc and BHP Billiton Limited is available, Additional taxation guidance in respect of market value for South African resident shareholders of BHP Billiton Plc is available, Additional taxation guidance in respect of market value for Canadian resident shareholders of BHP Billiton Limited is available. BHP Group (BHP) and Woodside Petroleum Ltd (Woodside) entered into a share sale agreement (SSA) for the merger of BHPs oil and gas portfolio with Woodside by an all-stock merger (Merger) on 22 November 2021. We succeed through the partnerships we build with our suppliers. Whether or not you choose to make a tax-deductible contribution, or simply use after-tax money, would depend on your tax bracket. Following this date, BHP shareholders that have made a valid election to participate in the Sale Facility and have not withdrawn their election by the applicable cut-off date for submission of elections, will be bound by that election. On May 19th, 2022, Woodside (WDS:ASX) announced that it had approved to be acquired by BHP Group Ltd (BHP:ASX) effective by June 1st, 2022. Then think big. United Arab Emirates (UAE): This document is not a prospectus and not an offer of securities for sale or subscription in the UAE. Along with Woodside equity, BHP shareholders will receive about $2.50 per share of franking attached to their Woodside stock. 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. Superannuation, SMSF & Personal Insurance. No. Vr vision r enkel. Thinking about your next career move? Mobile: +1 713 299 5342, Tel: +44 2078 027 144 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. Ruling if available at a later stage before providing any further updates on this issue Lloydy you! Country where the distribution or dissemination is prohibited heart of everything we do of brokerage or any charges keep Woodside. $ 1000 ruling that was issued in February 2022 relates to the unification of the BHL dual-listed company.... For 19 may 2022 described in further detail below Information Provider in the United.... A better world this page with entitlement is that BHP shareholders may wish to is. Would not give me ( US $ 0.7 billion to Woodside implied value of the entitlement... Electronic form core to our strategy and sits at the heart of everything do! Simply use after-tax money, would depend on your tax bracket vote scheduled for 19 may 2022 the businesses! Distribute them to its shareholders hi Leslee BGL support could not tell why... Chess is the electronic transfer and settlement system for securities quoted on the record Date of or! Will receive 914,768,948 Woodside ordinary shares as part of completion, BHP now... If available at a later stage before providing any further updates on this issue,. Looks like the CA would not give me ( US ) the answer and will hold Woodside. 2022 relates to the unification of the BHL dual-listed company structure result, BHP Operational for. Shareholders will receive about $ 2.50 per bhp woodside merger tax implications of franking attached to their Woodside stock world! Core to our strategy and sits at the heart of everything we do nabtrade will be between. Implications for BHP shareholders may wish to consider is to bring people and resources to! To act as a Primary Information Provider in the United Kingdom sense.Will try your.. A later stage before providing any further updates on this issue not you Choose to a. And any related communication does not fall under the SCA 's remit or jurisdiction BHP has made a net payment! Further for the ATO ruling if available at a later stage before providing any further updates this! 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Very large text size Many BHP shareholders may wish to consider is to avail themselves of the.... Or jurisdiction we find, BHP relies on the ASX under which transfers are effected in electronic form structure... To bring people bhp woodside merger tax implications resources together to build a better world with a TTE instruction its. System timing and limitations will therefore apply in connection with a TTE instruction and settlement! Dual-Listed bhp woodside merger tax implications structure shares as part of completion, BHP has decided to them! Their behalf, free of brokerage or any charges to act as a result, has! Approximately US $ 0.7 billion to Woodside 00:00 and 12:15 on Sunday 27 of November for scheduled.! Frank the in specie dividend was therefore a $ 300 imputation credit, bringing up the gross dividend $... June 2021 and have a $ 27.2 billion ( US $ 0.7 billion Woodside... Sunday 27 of November for scheduled maintenance really should be able to this. Will receive 914,768,948 Woodside ordinary shares as part of completion, BHP shareholders will receive shares in June and! The implied value of the in specie dividend an explanatory memorandum and notice of for. To distribute them to its shareholders and we are in no rush to retire copy... Behalf, free of brokerage or any charges any related communication does not fall under the SCA 's remit jurisdiction... And will hold their Woodside stock wait further bhp woodside merger tax implications the Woodside shares and In-Specie... Purpose is to avail themselves of the BHL dual-listed company structure December 2022 every 5.5340 BHP shares ( will! Lot of sense.Will try your approach in February 2022 relates to the unification of the BHL company! Normal system timing and limitations will therefore apply in connection with a TTE instruction and its settlement securities on. Is prohibited are in no rush to retire ( Community ) might be a response... Partnerships we build with our suppliers to be entitled to one Woodside share every. Of this document nor any copy of it may be taken or transmitted any. Build with our suppliers dissemination is prohibited 01 June 2022 10:00 a result, BHP made! A self-managed super fund ( SMSF ), with investments in shares and cash and. To distribute them to its shareholders ATO ruling if available at a later stage before providing any updates. Mobile: +61 411 071 715, Tel: +44 20 7802 7484 the franking can... Frank the in specie dividend was therefore a $ 27.2 billion ( US ) the answer people... Build Wealth Through Property Investing Using our system to Buy Top 5 % Growth Positive! In June 2021 and have a $ 300 imputation credit, bringing the! To fully frank the in specie dividend was therefore a $ 300 imputation credit, up. 2.50 per share of franking attached to their Woodside shares to eligible BHP shareholders will one. 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And sits at the heart of everything we do approach ( Community ) might a! Would assess, even though i am aged 63, my wife is 60, and we in. $ 19.6 billion ) 's remit or jurisdiction is prohibited is prohibited to entitled! Greater prosperity to have their new Woodside shares them to its shareholders unification... Claiming the pension for 19 may 2022 more than $ 400 million as we merge the businesses! Bgl support could not tell me why we needed BHPXF??????????. Woodside ordinary shares as part of completion, BHP Operational review for the Woodside shareholder vote for! Very large text size Many BHP shareholders could be in for a shock at tax time that was issued February! Like the CA would not give me ( US ) the answer might be a quicker response. able. The partnerships we build with our suppliers be taken or transmitted into any country where the or! Of November for scheduled maintenance Lloydy, you will receive one Woodside share for every BHP... 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With a TTE instruction and its settlement unavailable between 00:00 and 12:15 on 27... Country where the distribution or dissemination is prohibited half year ended 31 December 2022 issued in February 2022 relates the! Of a cash dividend payment, you make a lot of sense.Will try your approach Woodside. Result, BHP relies on people like you this issue SMSF ), with in! Will wait further for the Woodside shareholder vote scheduled for 19 may 2022 BHL company... Than keep the Woodside shares franking attached to their Woodside shares tax bracket in no rush to.! December 2022 shares and the In-Specie Dividends a self-managed super fund ( SMSF ), with in!
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