Sunday, February 19, 2012

Property tax issues here and abroad - the question of special breaks for those in commerce.

Each excerpt below captures the beginning of a report, with the balance of each giving detail. After looking at the screen captures, consider reading all of each original report; per the caption links.

HERE:

online here, per Strib


ABROAD:

this link, per BBC

It is interesting Italy taxes real property nationally. It is something absolutely tangible, and impossible to hide. Real estate is not as easily hidden as income, which can go unreported or managed and kept offshore in Romneynian-style tax havens, where those with the means can visit their money in Caribbean island comfort or scenic Swiss canton locales. Enjoy the tour. Enjoy the cuisine. If you can buy into the lifestyle, you only live so long anyway, so enjoy ...