https://www.taxtmi.com/news?id=45938 The Vatican's central budget is strained as traditional revenues-canon law based episcopal contributions, Peter's Pence, museum income, investment returns and real estate receipts-have declined, while internal transfers from Vatican institutions have diminished. A high profile investment scandal and pandemic era disruptions depressed donations and damaged trust, revealing that some Peter's Pence receipts covered budget shortfalls rather than charitable projects. The Vatican's sizeable property portfolio is largely underutilized or rented below market, prompting proposals to diversify donors, professionalize asset management, and consider selective disposals to address persistent budgetary shortfalls. en-us Sat, 07 Jun 2025 12:01:03 +0530 Sat, 07 Jun 2025 12:01:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=45938 The Vatican's central budget is strained as traditional revenues-canon law based episcopal contributions, Peter's Pence, museum income, investment returns and real estate receipts-have declined, while internal transfers from Vatican institutions have diminished. A high profile investment scandal and pandemic era disruptions depressed donations and damaged trust, revealing that some Peter's Pence receipts covered budget shortfalls rather than charitable projects. The Vatican's sizeable property portfolio is largely underutilized or rented below market, prompting proposals to diversify donors, professionalize asset management, and consider selective disposals to address persistent budgetary shortfalls. News - Sat, 07 Jun 2025 12:01:03 +0530 https://www.taxtmi.com/news?id=45938