PLANET OF THE CHIMPS #2

Monday, October 18, 2010

Vatican May Owe $11 Billion in Back Taxes

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Eight billion euros ($11 Billion) worth of tax breaks pocketed by the Catholic Church in Italy could be in breach of European law and may have to be repaid, it has emerged.

The European Commission has said that tax relief on 100,000 Italian properties enjoyed by the Holy See since 2005 was under the spotlight, after announcing an “in-depth” investigation.




"God loves you, and he needs your money!" -- George Carlin






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Chimp at 12:07 PM
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