Ukraine Clarifies Tax Treatment of Advertising Service Payments to Non-Residents

The Ukraine State Fiscal Service recently published an individual tax consultation on the value added tax (VAT) and corporate tax treatment of payments for advertising services provided by a non-resident company to a Ukraine resident.

With respect to VAT, the consultation notes that in accordance with Article 180 of the Tax Code, Ukrainian recipients are responsible for collecting and remitting VAT on services provided by non-residents not registered for VAT if the place of supply is deemed…