News by email Donate


Top Stories

Most Read

Popular Videos

Jean-Pol Grandmont
World News

Catholic Church in Italy gets £1 billion from tax returns

by Hannah Tooley

The money came in via a system that sends 0.8% of tax payments to charity or to religious institutions.

According to Catholic World News tax payers can decide what good cause they want to give a portion of their income to, usually tax payers do not decide between the religious bodies or charities.

The law says that 0.8% of taxes collected from those who do not make a choice should be divided up between the institutions.

In 2012 almost 55% of taxpayers did not selection an option.

REX/Image Broker

Some income will make its way to the Vatican in Rome, because bishops are obligated to give some funds to the Holy See. 
The Vatican gets money each year from its real estate, diocesan contributions and its investments.

The Catholic Church in Germany is expected to make the most from this system, last year it made around £4.5bn from the tax system.

Other countries that use this system include Finland, Iceland, Sweden, Austria and Denmark, some cantons in Switzerland also have a smaller-scale version.

A Monthly Gift Of $11 Makes A World Of Difference

In a world of fake news there’s never been a greater need for quality Christian journalism. Premier’s mission is to provide the Church with the most up to date and relevant news, told from a Christian perspective. But we can’t do it without you.

Unlike many websites we haven't put up a paywall — we want to keep our journalism free at the point of need and as open as we can. Premier’s news output takes a lot of time, money and hard work to produce. No one in the USA is sharing news like we are across radio, magazines and online so please help us to continue that today.

For a monthly gift of $11 or more we’d also be able to send you a free copy of the brand new Premier Bible, a wonderful Anglicised version of the NLT packed with exclusive bonus content, reading plan and resources to help you get the most out of scripture.

Your monthly support will make a world of difference. Thank you.

Support Us
Continue the conversation on our Facebook page

Related Articles

Sign up to our newsletter to stay informed with news from a Christian perspective.

News by email