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The Accounting and Tax

Santa Claus lives and pays taxes in Canada – Government affirms!

Santa Claus lives and pays taxes in Canada – Government affirms!

If you believe that the friend of your child, the Santa Claus or Saint Nicholas, was a Christian Bishop of Greece, then maybe you should think twice. Various Canadian government firms and institutions are saying that Good Old Santa is a Canadian citizen and he pays taxes without any default. If you don’t know how this rumor has come forward, ask a Canadian tax consulting service who keeps itself well aware of the latest statements made in Canada.

CTVNews.ca has received an email recently from Mr.Ahmed Hussein, a spokesperson for Immigration, Refugees and Citizenship Minister. There is a poetic statement in that email and it tells that Santa and Mrs. Claus are Canadian citizens residing in the North Pole. However, the minister’s office hasn’t confirmed yet whether the Clauses hold any paper to prove the statement, citing privacy issues.

Amazing claims haven’t stopped

Another spokesperson said that the Claus couple is always dressed in patriotic colors, they are compassionate and try to grow spirit to define the meaning of a true Canadian.
The Canadian Revenue Agency has also said that it has the detailed tax records on Claus couple from the northern part of Canada. However, in an emailed statement, CRA spokesperson Michael Hanlon told CTVNews.ca that though due to the “confidentiality provisions” of the Income Tax Act, the Canada Revenue Agency or CRA can’t make comments on specific cases, but, after getting a kind permission from Claus couple, CRA can share some confidential information about their tax filing activities.

CRA has claimed that Claus couple gets benefitted from the Northern Residents Deduction. That means CRA thinks that the Claus couple has been staying in Northern Canada for more than six respective months. Mr. Hanlon said that CRA records show that Claus couple has filed each and every tax return at proper times.

The excitement created by the Canadian Government

Any tax consultation service in Toronto will be excited after knowing that the Canadian Tax Centre believes that the Claus couple pays their employees in “holiday cheer”. They get different types of allowances and spend sufficiently for traveling and daily purchases.

Canada is the part of binational NORAD or North American Aerospace Defence Command. Thus, according to the Government, they have been tracking Santa’s Christmas Eve journey across the globe for decades. That means Canada has developed its tracking technologies and now, tourists and domestic travellers are properly tracked during festive seasons so that they don’t get addicted to drugs or alcohol and can pay taxes properly.

We at The Accounting & Tax are a reputed tax consultant in Toronto. We follow each and every move of both federal and provincial governments. Hence, we understand what tax plan is about to be implemented by the government. Thus, we can help our clients to get proper cost-effective results.

Mansoor Suhail has been providing Accounting, Bookkeeping and Taxation services since 2001 in Toronto, Canada. He is fully competent in Canada and U.S.A tax filings and consultation. He can handle Personal, Small Business, Partnerships and Corporations tax issues with full confidence. He is also able to handle International tax issues for Foreign Students, Expatriates and Foreign Corporations.