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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Bhp Billiton | LSE:BLT | London | Ordinary Share | GB0000566504 | ORD $0.50 |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 1,573.00 | 1,571.40 | 1,572.00 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Apr 2019 to Apr 2024
TIDMBLT
RNS Number : 7094E
BHP Billiton PLC
13 February 2018
NEWS RELEASE
Release Time IMMEDIATE Date 13 February 2018 Location Melbourne, Australia Release Number 02/18
US TAX REFORM
As a result of the US Tax Cuts and Jobs Act introducing a reduction in the US Federal corporate income tax rate from 35 per cent to 21 per cent as well as other measures, including changes to international tax provisions, BHP expects to recognise an income tax expense of US$1.8 billion which will be treated as an exceptional item. The two main components of this exceptional item are expected to be:
-- a non-cash re-measurement of deferred taxes as a result of the reduction in the US Federal corporate income tax rate of US$898 million; and
-- a non-cash impairment of foreign tax credits due to reduced forecast utilisation of US$834 million.
The US tax reform will have a positive impact on the Group's US attributable profits in the longer term mainly due to the lower corporate tax rate.
Further information on BHP can be found at: bhp.com
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Media Relations Investor Relations
Email: media.relations@bhpbilliton.com Email: investor.relations@bhpbilliton.com
Australia and Asia Australia and Asia
Ben Pratt Tara Dines
Tel: +61 3 9609 3672 Tel: +61 3 9609 2222
Mobile: +61 419 968 Mobile: +61 499 249
734 005
United Kingdom and South United Kingdom and South
Africa Africa
Neil Burrows Rob Clifford
Tel: +44 20 7802 7484 Tel: +44 20 7802 4131
Mobile: +44 7786 661 Mobile: +44 7788 308
683 844
North America Americas
Judy Dane James Wear
Tel: +1 713 961 8283 Tel: +1 713 993 3737
Mobile: +1 713 299 5342 Mobile: +1 347 882 3011
BHP Billiton Limited BHP Billiton Plc Registration
ABN 49 004 028 077 number 3196209
LEI WZE1WSENV6JSZFK0JC28 LEI 549300C116EOWV835768
Registered in Australia Registered in England
Registered Office: Level and Wales
18, 171 Collins Street Registered Office: Nova
Melbourne Victoria 3000 South, 160 Victoria
Australia Street
Tel +61 1300 55 4757 London SW1E 5LB United
Fax +61 3 9609 3015 Kingdom
Tel +44 20 7802 4000
Fax +44 20 7802 4111
Members of the BHP Group which is
headquartered in Australia
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This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCEAKADFEEPEEF
(END) Dow Jones Newswires
February 13, 2018 02:00 ET (07:00 GMT)
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