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Obligations

Why online marketplaces and e-commerce businesses should review their Canadian sales tax obligations

Why online marketplaces and e-commerce businesses should review their Canadian sales tax obligations

Online marketplace platform operators and facilitators, and other e‑commerce businesses, that did not have Canadian sales tax obligations when they first started operations may now find that they are required to register for, and collect, Canadian sales tax in one or more jurisdictions. While each jurisdiction has its own definition, very generally, an online marketplace…

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Why online marketplaces and e-commerce businesses should review their Canadian sales tax obligations

Africa: New VAT and customs obligations for online marketplaces

In depth The global economy has recently seen a rapid rise in online marketplaces and platforms, whereby sellers can easily connect and transact with buyers. This substantial increase in digitization has led to a number of African countries making changes to their current legislation in order to implement digital taxation. It is anticipated that online…

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Sinclair Announces Assumption of Lender Obligations Under, and Amendments to, Diamond Sports Accounts Receivable Securitization Facility

Sinclair Announces Assumption of Lender Obligations Under, and Amendments to, Diamond Sports Accounts Receivable Securitization Facility

BALTIMORE, November 08, 2021–(BUSINESS WIRE)–Sinclair Broadcast Group, Inc. (NASDAQ: SBGI), (the “Company”) today announced that it has purchased and assumed the lenders’ and the administrative agent’s rights and obligations under the existing accounts receivable securitization facility (the “A/R Facility”) of its and Diamond Sports Group, LLC’s (“DSG”) indirect subsidiary, Diamond Sports Finance SPV, LLC (“Diamond…

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