05 Apr 2017
The Vatican City is (officially) no longer a tax haven. The Holy See has in fact entered Italy’s “white list for tax purposes,” that introduces a financial income tax exemption for the residents of the countries concerned.
The new rule came into effect following the official promulgation on March 23 of legislation by Economy and Finance Minister Pier Carlo Padoan, updating the list of countries that allow an adequate exchange of information with Italy for tax purposes.
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