Italy's newly adopted austerity package aimed at saving the country from an acute debt crisis has sparked fresh controversy after exempting the Vatican from paying property taxes.
Italy’s new Prime Minister Mario Monti, who was sworn into office on Wednesday of last week, is considering the re-introduction of the country's main property tax - known as ICI - which ex-premier Silvio Berlusconi abolished in 2008.
Tourists staying overnight in Rome will be charged an accommodation tax from 1 January next year, officials have confirmed...
First it was controversial advertising billboards on the Bridge of Sighs and now Venice is drawing up plans to tax visitors in an attempt to raise revenue for the city...
The Mayor of Rome, Gianni Alemanno, wants to impose a tax on demonstrations and processions which take place in the capital...
Rome is planning a hotel tax on its 9 million annual visitors in a revenue-raising measure that may hurt its tourism industry and put further pressure on its credit rating...
Bargain property prices in many countries are beginning to tempt buyers looking for holiday homes, industry professionals report...
The European Central Bank (ECB) has announced a cut in its main interest rate, bringing the figure down to two per cent...
Investors who are looking to sell European property have been urged to take into account the UK tax implications that may arise from a completed sale...
Investors thinking of buying in Italy have been handed a major boost…
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