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October 17, 2016

Holy See, Italy tax agreement regarding the Vatican bank goes into effect

Picture of the Vatican bank from July 2016. An agreement between the Holy See and Italy regarding taxation surround the Vatican bank came into effect Oct. 15.

VATICAN CITY – Individuals and entities that have accounts at the Vatican bank and are subject to taxation in Italy will have until mid-April to report to Italian authorities the income earned by their Vatican accounts.

Published in Vatican