I saw this, it’s wrong. Don’t take tax advice from rugby league journos. I thought Kenty would be better than this.
OFFICIAL Jarome Luai - #295
- Thread starter Spartan117
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Halbrowne61
Well-known member
I’m not sure, how can Albo arrange tax free status for a small group of footballers? That would surely open up à can of worms with the ATO ?
The exemption was announced as part of the budget. Kenty was probably told that if the players receive income from investments in Australia then they would still be taxed which is true. I could be wrong but I believe the only exemption will be the salary paid by the Chiefs.
See how everyone feels when Luai & Moses tear us a new one on Easter Monday next year and we’re running with halves who can’t crack FG at the moment.
Personally think Benji would be seriously wondering if this job is just a bridge too far.
bigsiro
Well-known member
Just saw the Luai interview.
Whether or not he saw his release as a possibility, it happened. As a star player, he would have been reeling.
But in that presser he could not have handled himself and the situation any better, with any more candour or class. Pro.
Whether or not he saw his release as a possibility, it happened. As a star player, he would have been reeling.
But in that presser he could not have handled himself and the situation any better, with any more candour or class. Pro.
tig_prmz
Well-known member
Luai wouldn't be considered an Australian resident for those 3 years so I didn't think he would pay tax.
Maybe the last year if he comes back to Australia and lives here for 6 months before EOFY then maybe
Also had me wondering - so their money tax free statis is land locked unless they clean it , shuffle it out of PNG.
When Sterlo and that era of player went to mother England for a top up,they used to pay them in flight coming back to Australia in international air space to avoid tax laws /or so the story went
ps .The whole PNG experiment is bank rolled be us tax payers via the OZ government , there will be loophole big enough to drive a truck thru , when the boys come home
its all tied into keeping the yellow scourge at bay, 4 other island nations are getting kickbacks also which are factored into the PNG hand out, but at small %.If it wasn't league they would just build them infrastructure, it's actually refreshing that they are so blaiza about it. Gooks might be firing off potential nuclear capable missiles in our zone, but by criky we have PVL building a frontline of defence with a cash injection of diplomacy
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Halbrowne61
Well-known member
If you want to see a more detailed outline, type in to Google “Australian government tax rules relating to Australian players for the new PNG Rugby League franchise”.
It goes into some detail but the whole thing is being deemed somewhat questionable by tax experts.
An interesting fact is that it’s initially set up for 10 years but with withdrawal clauses for Aus, if PNG government deals with foreign countries. ( ie China).
It goes into some detail but the whole thing is being deemed somewhat questionable by tax experts.
An interesting fact is that it’s initially set up for 10 years but with withdrawal clauses for Aus, if PNG government deals with foreign countries. ( ie China).
Tiger-ferret
Well-known member
That is interesting. The goal posts could shift real quick on the players!
