Table of Contents
- 1 What is the difference between BHP Group and BHP Billiton?
- 2 Who is the major shareholder of BHP?
- 3 How does BHP Billiton contribute to the economy?
- 4 What is BHP like to work for?
- 5 Are BHP shares a good buy?
- 6 What tax does BHP pay?
- 7 Where does BHP Billiton get its money from?
- 8 How does BHP Billiton dividend work for shareholders?
- 9 When do I need to use form 1099-nec?
What is the difference between BHP Group and BHP Billiton?
What is the difference between BHP Group Limited and BHP Group Plc? BHP Billiton (now renamed BHP Group) was formed in June 2001 from the merger of BHP Limited (an Australian listed company) and Billiton Plc (a UK listed company).
Top 10 Owners of BHP Group Ltd
| Stockholder | Stake | Total value ($) |
|---|---|---|
| Harding Loevner LP | 1.06% | 837,223,743 |
| Managed Account Advisors LLC | 0.76% | 597,445,580 |
| Fisher Asset Management LLC | 0.55% | 437,206,914 |
| UBS Securities LLC | 0.33% | 257,723,366 |
Are BHP dividends franked?
BHP’s dividend policy and ability to distribute fully franked dividends also would not change. Subject to final Board approval, BHP shareholders are expected to vote on unification at shareholder meetings planned for the first half of 2022.
How does BHP Billiton contribute to the economy?
BHP’s contribution to the global economy is significant. Of this, we paid US$9.1 billion globally in taxes, royalties and other payments to governments. This significant source of taxation revenue assists governments to provide essential services to their citizens and invest in their communities for the future.
What is BHP like to work for?
Best Workplace I enjoyed working with BHP and excelled my skills. Management is cooperative and colleagues are helpful. A typical day starts early morning and finishes by the evening. Mostly it is a very busy day with dozens of tasks to be completed.
How many shareholders does BHP have?
Institutional Ownership and Shareholders (US:BHP) has 1108 institutional owners and shareholders (aka shareholding pattern) that have filed 13D/G or 13F forms with the Securities Exchange Commission (SEC). These institutions hold a total of 351,314,197 shares.
Analysts from Macquarie Group Ltd (ASX: MQG) currently rate BHP with a ‘buy’ rating and a price target of $56 per share. Given the current $36.39 price level, that implies significant upside to the Aussie mining share.
What tax does BHP pay?
BHP said its total tax contribution across three entites was about $5.3 billion. Along with Westpac, NAB and ANZ, Andrew Forrest’s Fortescue Metals, Mitsubishi, Wesfarmers and BHP Iron Ore rounded out the top 10.
How much does BHP contribute to the Australian economy?
BHP today released its economic contribution figures for the 2021 financial year, with the company contributing $34.1 billion in economic value to the Australian economy.
Where does BHP Billiton get its money from?
BHP Billiton Limited receives the cash in Australian dollars and pays it out to its stockholders since it is an Australian company traded on the Australian stock exchange. BHP Billiton Plc receives the cash in Pound sterling and pays it out to its stockholders because it is a British company traded on the London stock exchange.
When the real, underlying holding company that owns all of the assets and makes all of the money pays dividends, it sends the money to its stockholders – BHP Billiton Limited and BHP Billiton Plc. Those two companies then distribute the money to their respective stockholders.
How does BHP Billiton avoid double taxation in Australia?
In Australia, they avoid this double taxation with a special dividend tax system that involves a technique called franking. Basically, to overcome this, the company can opt to pay part of the dividend tax for you, “franking” the dividend. If the dividend is 100% franked, they have covered it all.
When do I need to use form 1099-nec?
Note: Beginning with Tax Year 2020, you must use Form 1099-NEC, Nonemployee Compensation, to report payments of nonemployee compensation (NEC) previously reported in box 7 on Form 1099-MISC. The separate instructions for filers/issuers for Form 1099-NEC are available in the 2020 Instructions for Forms 1099-MISC and 1099-NEC.