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There has been a development in ways PNG Chiefs<\/a> players are able to capitalise on their earnings while they are living in the Melanesian country.\u00a0<\/p>\n The Sydney Morning Herald has reported that third-party player revenues will also be tax-free on top of the playing contracts.<\/p>\n It adds another layer of incentive for players to make the move up north, with ARL Chairman Peter V’landys confirming the tax agreement.<\/p>\n “Any revenue they earn in PNG is tax-free. It’s like you’re doing a tax return in PNG, it’s all tax-free. Playing in PNG will set them up for life,” the ARL Commission boss said.<\/p>\n It is common to see shoe and athletic apparel brands agree to terms with players such as Nike, Adidas, and Puma, etc., in a bid to separate them from their competitors.\u00a0<\/p>\n \u00a0<\/p>\n \u00a0<\/p>\n It is an ambitious development in the agreement between the two countries’ governments, as the clock is starting to race for the Chiefs to begin signing players later this year.<\/p>\n \u00a0<\/p>\n “We used to have the Brisbane Broncos<\/a> as a one-city team. This is a one-country team, where people are fanatical about rugby league,” V’landys said.<\/p>\n “Can you imagine 10 million people following one team? It’s a monopoly because it’s the only sport that’s played there. People don’t realise how big PNG is going to be.”<\/p>\n Alex Johnston<\/a> and Toby Rudolf<\/a> have both publicly displayed their interest in becoming maiden franchise players, with this new revelation expected to bring in more.<\/p>\n Along with resort accommodation, tax-free salaries and access to a private island,<\/a> the third-party tax agreement adds another audacious element for NRL<\/a> players looking to secure their future.<\/p>\n
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