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MeglioQuesto Faces Tax Assessment Notices and Negotiates Debt Restructuring

Story Highlights
  • MeglioQuesto operates a phygital marketplace integrating physical and digital channels.
  • The company is negotiating with the Revenue Agency over VAT-related Assessment Notices.
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MeglioQuesto Faces Tax Assessment Notices and Negotiates Debt Restructuring

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The latest update is out from Meglioquesto S.P.A. ( (IT:MQSPA) ).

MeglioQuesto S.p.A. has received Assessment Notices and Act Schemes from the Revenue Agency concerning VAT deductions for services purchased in 2019, 2020, and 2021. These notices affect MeglioQuesto Voice S.r.l. and MeglioQuesto Sales S.r.l., with significant financial implications due to penalties and interest. The company plans to negotiate with the Revenue Agency as part of a tax transaction in anticipation of filing for a Group Debt Restructuring Agreement.

More about Meglioquesto S.P.A.

MeglioQuesto S.p.A. is a company listed on Euronext Growth Milan, operating a phygital marketplace that integrates physical and digital channels to offer services and products. Since its inception in 2011, the company has been serving millions of consumers and partnering with top-tier companies in the telecommunications, energy, financial, and insurance sectors.

Technical Sentiment Signal: Strong Sell

Current Market Cap: €11.37M

Learn more about MQSPA stock on TipRanks’ Stock Analysis page.

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