Castanet

The church owns vast amounts of property in Italy, and the move is aimed at making sure that convents that offer bed-and-breakfast services or church buildings that rent space to shops pay their share of taxes.

The change — once it is formally drafted and approved by Parliament — could result in revenues of $650 million to $2.6 billion annually, according to municipal government associations. It could also set an example for other European countries that are struggling with debt — notably Greece and Spain — and where there is growing popular resentment over tax breaks for the church.
http://www.nytimes.com/2012/02/17/world/europe/italy-sets-tax-on-church-property.html?_r=0

This disgusting entity deserves much more then this.

Its about bloody time.

All religions should pay taxes on their land holdings and should be subject to all taxes on income.

Churches keep the masses in line, govts. will always give them breaks in taxation at every level of govt.