Business
Stars align for BHP to scrap its UK dual listing – Sydney Morning Herald
One of the last barriers to the mining giant dumping its UK dual listing has just been removed.
One large element of that obstacle crumbled in 2018 and 2020 when various tax authorities dealt with the issue of BHP using the Singapore marketing hub as a conduit through which it sold its product.
The other troublesome impediment to BHP cleaning up its capital structure was the treatment of tax losses from NSW coal mines. As part of a corporate tidy up in the lead up to an asset sale, BHP announced on Wednesday it had written down the value of these tax losses.
There are certain to be other complicating…
-
General24 hours agoWA inquiry into firearms law admits issues with digital portal and communication on implementation
-
Business23 hours ago3 high-growth ASX ETFs that could lead the next market boom
-
General22 hours agoCohealth’s closure of three Melbourne GP clinics to affect 12,500 patients
-
Noosa News23 hours agoInquiry into Queensland container refund scheme makes referrals to Crime and Corruption Commission