Sale Without Recourse of IRES and VAT Tax Credits

Sale without recourse of IRES and VAT tax credits including:

- Final IRES Credit (accrued/accruing): Nominal and collectible value estimated at approximately € 78,631.00;  
- Final VAT Credit (pursuant to art. 30 of D.P.R. 633/72): Nominal value of approximately € 256,428.00 (Collectible estimate from Due Diligence amounting to approximately € 99,000.00, due to documentary issues of the provisional operation, potential offsetting/suspension with tax rolls and payment notices of the insolvency proceedings).  

Total Overall Nominal Value: € 335,059.00 approximately  
Total Estimated Collectible Value: € 177,631.00 approximately