Purchase of tax credits

We have put in place a financial solution meant to provide with liquidity construction undertakings and general contractors who are entitled to tax credits deriving from works meant to increase the energy efficiency of buildings and/or reduce the risk from earthquakes, in the context of the provisions of the Decreto Rilancio [Relaunch Decree] (Decree Law 34/2020 converted with amendments into Law 77/2020).

A product for construction undertakings that specialise in the works concerned by the Superbonus 110% and other construction tax bonuses that envisage the possibility of applying the “invoice discount” and the cession of the credit to banks and financial intermediaries.

Financial support to undertakings for energy and earthquake requalification works that benefit environmental sustainability, personal safety and the economy is also to be combined with the initiatives for the protection of the environment and sustainable development undertaken by Banca Ifis.

The purchasing of tax credits can be very convenient:

• For undertakings who do not foresee a sufficiently “large” tax credit to be able to fully benefit from the deduction bonuses, especially taking into account the fact that Superbonus quotas that have not been deducted from the gross tax for each year are in no way recoverable by the taxpayer;
• For undertakings which, although they can take advantage of the bonus with the usual methods, wish to immediately liquidate their value, easily obtaining liquidity for their business needs.

We offer an especially streamlined activation process, based on a request for only the strictly necessary documentation; specifically:

• Declaration that the works carried out comply with the registered design, issued by the works supervisor and the person who performed the static testing, each one for the matters under their professional purview, and receipt of registration with the Municipality.