Reply With Quote
Damn, if italy can do it to the catholic church ANY COUNTRY should be able to do it to ANY RELIGION.
http://www.businessweek.com/news/201...onti-says.html
goodBy Chiara Vasarri
(For more on Europe’s debt crisis, click EXT4 .)
Feb. 16 (Bloomberg) -- 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 church currently pays property tax only on buildings designated as “purely commercial,” based on an Italian law originating 20 years ago and extended in 2006. The wording is ambiguous when it comes to clinics that have a chapel or monasteries that offer bed and breakfast accommodation.
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.
EU Probe
Following a complaint by the Radical Party, European Union regulators opened a probe in 2010 into Italian tax breaks on real estate granted to the Catholic Church, saying they may distort compe ion.
The outcome of the investigation will be made public by next month and if the decision goes against Italy, the EU could order the country to pay a fine and to demand that the church reimburse the government for unpaid taxes of the last five years, the secretary of the Radical Party, Mario Staderini, said in an interview in Rome on Dec. 21.
Monti has informed European Union Compe ion Commissioner Joaquin Almunia of his decision to overhaul the rule and hopes “the government’s initiative will allow the European Commission to close the procedure,” according to the statement.
Monti served as the EU’s compe ion commissioner from 1999 to 2004.
--Editors: Leon Mangasarian, James Hertling.
To contact the reporter on this story: Chiara Vasarri in Rome at [email protected]
To contact the editor responsible for this story: Jerrold Colten at [email protected]
Damn, if italy can do it to the catholic church ANY COUNTRY should be able to do it to ANY RELIGION.
Think the Vatican will say NO! I wonder what would happen then?
If you ever go on Jeopardy, don't pick small countries for $100. Since the Vatican is it's own sovereign state, it is free to say no.
The Vatican can scream no all they want from across the border. The churches and such in Italy would have to comply. Though I am not sure what you are getting at since Italian laws aren't really valid in other countries.
Edit: wow literally the next post down. I should really read the whole thread before responding.
I thought it was, but I wasn't certain. When the Vatican's profits were posted in the thread, I figured it was being targeted for taxes too.
Thanx for the info.
they should start taxing non-profit organizations like fkn churches who get free m oney, free fkn land to build their on
Electronics, climatology, linguistics, economics, mathematics, statistics, political theory, history, chemistry, physics, biology, geology and now geography are all things that WildDumbass demonstrably sucks at.If you ever go on Jeopardy, don't pick small countries for $100. Since the Vatican is it's own sovereign state, it is free to say no.
Fox News viewers less informed about current events, poll shows
http://articles.latimes.com/2011/nov...-poll-20111121
Remarkable. I wonder how they plan to enforce this. I mean, if the Church refuses, what does Italy do, take over all the properties and then try to sell them? To whom?
Lutherans.
There are currently 1 users browsing this thread. (0 members and 1 guests)
Posting Permissions
