The Holy See has been
admitted to Italy's fiscal white list, which makes possible the
non-imposition of taxes on financial earnings for residents of
countries on the list. This is the effect of the publication in
the official journal of a decree signed by Economy Minister Pier
Carlo Padoan on March 23 updating the list of countries that
have an adequate level of information exchange with Italy on tax
issues. The Vatican's inclusion is a direct consequence of the
coming into force of the fiscal convention with Italy.
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