Ukraine's State Fiscal Service (SFS) recently published guidance letter 13467/6/99-99-15-02-02-15, which clarifies the taxation of payments to non-residents for advertising production or distribution services. According to the letter, payments for such services by a Ukrainian resident are subject to tax at a rate of 20% regardless of where the services are rendered. The tax is a remittance tax payable by the Ukrainian resident and is not a withholding tax on the income of the non-resident. As…