Catholic Church Loses Some Privileges.

[Goaticus]

Italy is going to start taxing the Catholic Church on some of its non-religious properties. This includes things like rental properties and commercial holdings like shopping malls. A Church would still be exempt, but a Chapel that also operates a hostel would not.

http://www.bbc.co.uk/news/business-17072211

[evensgrey]

Ah, the UK is starting to catch up with features of US tax law that came in under Regan.