On the record · Other
Liberty Tax Service
Tax preparation franchise acquired by NextPoint Financial (SPAC) in 2021. NextPoint later went bankrupt
Research depth
Outcomes researched
Reviewed operating findings or a classified operating outcome are available.
Record updated Sept. 4, 2026
Current ownership
Current owner not established
This record does not identify a current owner. That absence is a gap in the record, not a conclusion about ownership.
What happened under and after ownership
Operating outcome
Operating through distress or restructuring
Parent NextPoint Financial filed for creditor protection under Canada's CCAA and US Chapter 15 in July 2023 after its consumer-lending expansion strained its finances. A court-approved sale to BP Commercial Funding Trust closed January 2, 2024 with the tax-preparation business operating throughout.
Liberty Tax and Community Tax operate today under BP Commercial Funding Trust, Series SPL-X, which acquired the businesses out of NextPoint Financial's 2023-2024 insolvency proceeding.
- Founded
- 1997
- Sponsor at closure
- NextPoint Financial
- Newswire (company primary) · going-concern sale to BP Commercial Funding Trust, Series SPL-X closed January 2, 2024; Liberty Tax and Community Tax continued as a going concern under new own
- The Progressive Accountant · Liberty Tax and Community Tax continuing to operate under BP Commercial Funding Trust, Series SPL-X after the CCAA/Chapter 15 sale
What we do not know
These are gaps in the public record, not findings about the organization.
- No current public ownership assessment has been published.
Help improve this record
Firsthand experience, public sources and corrections can help close the gaps above.