Company: NKLR
Filing Date: 2025-09-16
Form Type: 424B3
Source: 0001213900-25-087981
Chunk: 253

Company: Terra Innovatum Global N.V.
Filing Date: 2025-09-16
Form: 424B3
Chunk 253
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 dividends paid to Italian business partnerships (such as Italian società in nome collettivo, società in accomandita sempliceand similar partnerships as referred to in Article 5 CITA). Only 58.14% of such dividends is included in the overall business income to be reported by the business partnership. If it is instead a non -businesspartnership ( società semplice), based on Article 32 - quarterof Law Decree No. 124 of October 26, 2019, as subsequently amended and supplemented, dividends are deemed to be received on a tax transparency basis by the partners and are subject to tax under the tax regime applicable to the relevant partner ( i.e., as if they were directly paid to each partner). Companies and other business entities referred to in Article 73(1)(a)-(b) CITA No Italian tax is withheld at source on dividends paid to Italian resident companies and other Italian resident business entities as referred to in Article 73(1)(a)-(b) CITA, including, among others, corporations ( società per azioni), partnerships limited by shares ( società in accomandita per azioni), limited liability companies ( società a responsabilità limitata) and public and private entities whose sole or primary purpose is to carry out business activities. Only 5% of such dividends are included in the overall business income subject to IRES, unless the Ordinary Shares are financial assets held for trading by holders that apply IAS/IFRS international accounting standards. In this latter case, the full amount of the dividends is included in the holder’s overall business income subject to IRES. For some types of companies and under certain conditions, dividends are also partially included in the net value of production, which is subject to IRAP. Non-Business Entities Referred to in Article 73(1)(c) CITA No Italian tax is withheld at source on dividends paid to Italian resident non -businessentities referred to in Article 73(1)(c) CITA (including Italian resident trusts that do not carry out a business activity), except for Italian undertakings for collective investment (OICR). The dividends are fully included in the holder’s overall income subject to IRES. 109 For social security entities pursuant to Legislative Decree No. 509 of June 30, 1994 and Legislative Decree No. 103 of February 10, 1996, subject to certain conditions (including minimum holding period requirement) and limitations, dividends and other income