Filing Details

Accession Number:
0001079973-17-000410
Form Type:
13G Filing
Publication Date:
2017-07-17 17:33:24
Filed By:
Datatax Business Services Ltd
Company:
Franchise Group Inc. (NASDAQ:FRG FRGAP)
Filing Date:
2017-07-18
SEC Url:
13G Filing
Ownership Summary

Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.

Name Sole Voting Power Shared Voting Power Sole Dispositive Power Shared Dispositive Power Aggregate Amount Owned Power Percent of Class
Datatax Business Services Ltd 3,000,000 0 3,000,000 0 3,000,000 21.6%
Filing

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G
(Rule 13d-102)

Under the Securities Exchange Act of 1934

(Amendment No. q) *

Liberty Tax, Inc.
(Name of Issuer)

Class A Common Stock
Class A Common Stock Exchangeable Shares
(Title of Class of Securities)

53128T102
(CUSIP Number)

December 31, 2012 - 2016
(Date of Event Which Requires Filing of This Statement)

 Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
 
[_] Rule 13d-1(b)
 
[_] Rule 13d-1(c)
 
[X] Rule 13d-1(d)
 
*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.
 
The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
 
 
 
CUSIP NO. 53128T102
 
1
NAMES OF REPORTING PERSONS
 
 
Datatax Business Services Ltd.
 
 
 
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
   
(a)
   
(b)
 
 
3
SEC USE ONLY
 
 
 
 
 
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
 
Canada
 
 
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5
SOLE VOTING POWER
 
 
3,000,000(1)
 
 
 
 
6
SHARED VOTING POWER
 
 
0
 
 
 
 
7
SOLE DISPOSITIVE POWER
 
 
 3,000,000(1)
 
 
 
 
8
SHARED DISPOSITIVE POWER
 
 
0
 
 
 
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
 
3,000,000(1)
 
 
 
 
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
 
 
 
 
 
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
 
21.6%
 
 
 
 
12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
 
 
PN
 
 
 
 
 
________________________
(1) Includes 2,000,000 shares of Class A common stock owned by Datatax Business Services Limited and 1,000,000 shares of Class A common stock issuable upon the exchange of the exchangeable shares owned by Datatax Business Services Limited. Steven Ibbotson, one of the directors of the Issuer, together with his immediate family, owns a 100% interest in Datatax. As a result, pursuant to Rule 13d-3 under the Exchange Act, Mr. Ibbotson is deemed to beneficially own the 3,000,000 shares of Class A common stock held by Datatax. The exchangeable shares are exchangeable for 1 share of special preferred voting stock.
CUSIP NO. 53128T102

Item 1.
Issuer.
 
(a)
Name of Issuer: Liberty Tax, Inc.

(b)
Address of Issuer’s Principal Executive Offices: 1716 Corporate Landing Parkway, Virginia Beach, VA  23454 

Item 2.
Filing Person.

(a)
Name of Person Filing: Datatax Business Services Ltd.

(b)
Address of Principal Business Office:  2109 Oxford St., London, Ontario, Canada NSY 553. 

(c)
Citizenship: Canada

(d)
Title and Class of Securities: Class A Common Stock

(e)
CUSIP No.: None.
 
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
 
a.
[ ] Broker or dealer registered under section 15 of the Act ( 15 U.S.C. 78o);

b.
[ ] Bank as defined in section 3(a)(6) of the Act ( 15 U.S.C. 78c);

c.
[ ] Insurance company as defined in section 3(a)(19) of the Act ( 15 U.S.C. 78c);

d.
[ ] Investment company registered under section 8 of the Investment Company Act of 1940 ( 15 U.S.C 80a-8);

e.
[ ] An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);

f.
[ ] An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);

g.
[ ] A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);

h.
[ ] A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act ( 12 U.S.C. 1813);

i.
[ ] A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 ( 15 U.S.C. 80a-3);

j.
[ ] A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J);

k.
[ ] Group, in accordance with § 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution: ____

Item 4.
Ownership.

As of May 25, 2017, Datatax Business Services Ltd. (the “Reporting Person”) beneficially owned 3,000,0001 shares of Class A Common Stock of the Issuer (the “Shares”), representing approximately 21.6% of the total Shares outstanding. This percentage of Shares is based upon 12,682,550 Shares outstanding as of January 31, 2017, as reported in the Quarterly Report on Form 10-Q for the period ended January 31, 2017, filed by the Issuer with the U.S. Securities and Exchange Commission (the “SEC”) on March 9, 2017.
 
The Reporting Person has the sole power (a) to vote or to direct the vote of and (b) to dispose or to direct the disposition of, the foregoing shares described in this Item 4.
 
CUSIP NO. 53128T102
 

Item 5.
Ownership of Five Percent or Less of a Class.

N/A.

Item 6.
Ownership of more than Five Percent on Behalf of Another Person.

N/A.

Item 7.
Identification and classification of the subsidiary which acquired the security being reported on by the parent holding company or control person.

N/A

Item 8.
Identification and classification of members of the group.

N/A

Item 9.
Notice of Dissolution of Group.

N/A

Item 10.
Certifications.

N/A

SIGNATURE
 
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
 
Dated:  July 14, 2017
Datatax Business Services Ltd.
   
   
 
/s/ Steven Ibbotson
 
Name: Steven Ibbotson
 
Title: Director