Company: RETO
Filing Date: 2025-09-15
Form Type: F-1
Source: 0001213900-25-087644
Chunk: 91

Company: ReTo Eco-Solutions, Inc.
Filing Date: 2025-09-15
Form: F-1
Chunk 91
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 |      170,370 |     |      |      175,157 |
| Land use tax and other taxes payable |     |      |        7,462 |     |      |        6,681 |
| Total                                |     | $    |      249,628 |     | $    |      254,133 |

As of December 31, 2024 and 2023, the Company
had taxes payable of approximately $ million and $ million, respectively, mostly related to the unpaid income tax and business tax
in China. For the years ended December 31, 2024, 2023 and 2022, the Company has not received any penalty or interest charge notice from
local tax authorities. Due to uncertainties associated with the status of examinations, including the protocols of finalizing audits by
the relevant tax authorities, there is a high degree of uncertainty regarding the future cash outflows associated with these unpaid tax
balances. The final outcome of this tax uncertainty is dependent upon various matters including tax examinations, interpretation of tax
laws or expiration of the statute of limitations. The Company believes it is likely that the Company can reach an agreement with the local
tax authority to fully settle its tax payables in a short term but cannot guarantee such settlement will ultimately occur.

F-24 RETO ECO-SOLUTIONS, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS NOTE 14 – COMMITMENTS AND CONTIGENCIES Contingencies From time to time, the Company is a party to various legal actions arising in the ordinary course of business. The majority of these claims and proceedings are related to, or arise from, lease disputes, commercial disputes, worker compensation complaints, default on guaranteeing third-party lease obligations, and default on loans. The Company first determines whether a loss from a claim is probable, and if it is reasonable to estimate the potential loss, the loss will be accrued. The Company discloses a range of possible losses, if a loss from a claim is probable but the amount of loss cannot be reasonably estimated.

NOTE 15 – RELATED PARTY TRANSACTIONS

The Company records transactions with various
related parties. These related party balances as of December 31, 2024 and 2023 and transactions for the years ended December 31, 2024,
2023 and 2022 are identified as follows:

| (1) | Related parties |

| Name of Related Party           |     | Relationship to the Company                                                                    |