Vatican Loses Part of its Tax Exempt Status in Italy

The financial crisis in Italy has made indulging religious economic privilege intolerable.  130,000 people signed a petition as part of making this happen: Prime Minister Mario Monti has announced the Vatican must pay taxes on non-religious property, from which it previously enjoyed an exemption. The annual cost could be up to 720m euros ($945m; £598m) according [Read More...]


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