National Catholic Reporter

The Independent News Source

Vatican

Vatican, Italy sign tax treaty, promise to share information

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In a key move toward greater financial transparency, the Holy See signed an agreement with Italy that includes the full exchange of financial information about Vatican employees, pensioners, foundations and religious institutes that are subject to Italian taxes.

People and entities that reside in Italy were expected to be liable for Italian taxes on any interest or earnings coming from bonds, investments and savings in Vatican institutions, according to a general outline of the agreement.

Church directives seek to keep mafia out of Easter processions

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The bishop of a southern Italian diocese has issued new directives aimed at keeping the mafia out of this year's Easter processions.

Commonly called "L'Affruntata" (the encounter), the popular and traditional Easter Sunday procession involves bringing together three statues -- one of Jesus, the apostle John and Mary, who is caped in a black robe. The Marian statue's black robe is removed at the end of the procession to symbolize her joy over Jesus' resurrection.

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In This Issue

April 10-23, 2015

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