A idea worth emulating?
Prime Minister Mario Monti plans an amendment to an Italian law that will force the Catholic Church to pay taxes on all its commercial properties, according to a statement posted late yesterday on the government’s website.
[…]
The Catholic Church owns about 100,000 properties in Italy, a third of which are commercial, according to the Italian Radical Party, which historically has challenged the church.Italy would gain an additional 100 million euros ($130 million) from increasing levies on the church to include all its commercial property, Paolo Berdini, an urban planner and consultant for local administrations, said in an interview last month.
The Vatican reported a profit of 9.8 million euros ($12.7 million) in 2010 after three years of losses during the recession.















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