Saturday, October 13, 2012

Catholic church to lose historic property tax exemption in Italy — RT

This is very big news. Signs of shifts in the paradigm? The butler spoke, now this:

Catholic church to lose historic property tax exemption in Italy — RT: Italy’s Catholic Church will be forced to pay taxes starting in 2013 after the EU pressured the country’s government to pass a controversial law stripping the Church of its historic property tax exemption.

The Catholic Church in Italy is excluded from paying taxes on its land if at least a part of a Church property is used non-commercially – for instance, a chapel in a bed-and-breakfast.

"The regulatory framework will be definite by January 1, 2013 – the start of the fiscal year – and will fully respect the [European] Community law," Italian premier Mario Monti's government said in a statement on Tuesday.

No comments: