Ukraine’s gambling operators are facing a range of possible tax rates once the government approves its new market structure.

Earlier this month, Ukraine’s Verkhovna Rada parliament approved the first of three required readings of the latest proposal to authorize land-based and online gambling operations. But the draft of this new legislation lacked any specifics on the level of tax that licensed operators would be required to remit to the government.

This weekend, Ukraine’s parliament revealed the existence of four competing drafts of new gambling tax proposals intended on replacing the current Tax Code, which imposes an 18% rate on all forms of gambling revenue. Bill 2713 calls for this rate to be reduced to 10% for all verticals, although the Dentons international law firm noted that the tax rate for online poker went unspecified.

Rival drafts offer more complicated tax structures, including one that calls for a blanket 25% rate on all products. At the other end of the spectrum, another draft would exempt operators from any tax on their revenue, based on the view that the license fees – which will cost $23.4m for a five-year bookmaking permit – are already too high.