UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

February 13, 2018

 

 

 

BHP BILLITON LIMITED

(ABN 49 004 028 077)

(Exact name of Registrant as specified in its charter)

 

VICTORIA, AUSTRALIA

(Jurisdiction of incorporation or organisation)

 

171 COLLINS STREET, MELBOURNE,
VICTORIA 3000 AUSTRALIA

(Address of principal executive offices)

  

BHP BILLITON PLC

(REG. NO. 3196209)

(Exact name of Registrant as specified in its charter)

 

ENGLAND AND WALES

(Jurisdiction of incorporation or organisation)

 

NOVA SOUTH, 160 VICTORIA STREET

LONDON, SW1E 5LB

UNITED KINGDOM

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:    ☒  Form 20-F    ☐  Form 40-F

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):  ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):  ☐

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934:    ☐  Yes    ☒  No

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): n/a

 

 

 


LOGO

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

 

1


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 Mobile: +61 419 968 734

 

 

Tel: +61 3 9609 2222 Mobile: +61 499 249 005

 

United Kingdom and South Africa

 

  United Kingdom and South Africa

Neil Burrows

Tel: +44 20 7802 7484 Mobile: +44 7786 661 683

 

 

Rob Clifford

Tel: +44 20 7802 4131 Mobile: +44 7788 308 844

 

North America

 

 

Americas

 

Judy Dane   James Wear

Tel: +1 713 961 8283 Mobile: +1 713 299 5342

 

 

Tel: +1 713 993 3737 Mobile: +1 347 882 3011

 

 

BHP Billiton Limited ABN 49 004 028 077   BHP Billiton Plc Registration number 3196209
LEI WZE1WSENV6JSZFK0JC28   LEI 549300C116EOWV835768
Registered in Australia   Registered in England and Wales
Registered Office: Level 18, 171 Collins Street   Registered Office: Nova South, 160 Victoria Street
Melbourne Victoria 3000 Australia   London SW1E 5LB United Kingdom
Tel +61 1300 55 4757 Fax +61 3 9609 3015   Tel +44 20 7802 4000 Fax +44 20 7802 4111

Members of the BHP Group which is

headquartered in Australia

 

LOGO

Follow us on social media

 

2


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

      BHP Billiton Limited and BHP Billiton Plc
Date:   February 13, 2018   By:  

/s/ Rachel Agnew

    Name:   Rachel Agnew
    Title:   Company Secretary