So, as you may know, the Vatican has over 600 Milion € worth in propperty that has been making it a hefty amount of money. English newspaper the Guardian wrote an interesting piece about this and how the vatican used milions of bribe money given to it by Mussolini to build a property empire that owns several propperties in st james and new bond street The Vatican was pretty quick to deny this well at least that the money came from bribes for accepting the facsist regime.
The EU, The Italians, and Monti spearheading them, where quick to say that seeing how the Church has all this juicy money it should be taxed and pay it's fair share especially since they haven't payed property tax in 7 years thanks to Berlusconi.
The EU has stated now that the Vatican will not have to pay back the taxes it illegaly evaded because the Italians have demonstrated that it is impossible to figure out wich property was used for commercial activites (wich is taxable) and wich properties where used for charity (wich you can't tax) and during what periods they where being used as such. The new tax they will have to pay on all the comercial activities of their propperties will come in effect though, but it will generate less revenue than most people hoped.
What are your thoughts on this?
Do you believe it's really that impossible to trace the usage of their propperties? They have books no? They are supposed to register everything no?
As a religious institution should the Catholic church even be involved in commercial enterprises? Shouldn't the states confiscate all of the Vaticans commercial activities? I mean, how can you be a buisness and be a representative of god on earth? at some point you'll have conflicting interests no? (this mere theory because personally I don't believe priests to be representatives of god on earth, but that is how they see themselves right?)
Should the Vatican be taxed higher?
Could this be a great pr opportunity for the Pope? Now that everyone knows just how wealthy the Vatican is, the Pope could "Donate" a few bilion euro's to the Italian state so that it can balance it's budget and take better care of the struggling Italian population blablabla whatever spin they'd like to give it. Point is, the Pope could donate a crapload of money and become a popular hero if he plays his cards right




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