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Ukraine reminds Santas about tax

Cash-strapped Ukraine on Wednesday reminded entertainers making money by posing as Did Moroz - the local version of Santa Claus - and his helpers to pay income tax.

December 26, 2012 / 21:39 IST

Cash-strapped Ukraine on Wednesday reminded entertainers making money by posing as Did Moroz - the local version of Santa Claus - and his helpers to pay income tax.

The former Soviet republic's government faces USD 9 billion in foreign debt repayments next year and its budget deficit almost tripled in January-October this year to more than USD 4 billion.

Also Read: Personal finance: Here's a guide for 'Happy New Year'

By studying internet advertisements, the state tax service found out that a Did Moroz with a traditional female Snihuronka (Snow Maid) helper would earn 250 to 3,500 hryvnias per hour in capital Kiev this season.

"Such citizens will need to file forms and pay taxes," the tax service said in a statement.

The service said it was barred from conducting tax checks on small businesses but urged ordinary Ukrainians to report tax-dodging Santas.

first published: Dec 26, 2012 09:26 pm

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