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Flavio Maluf: Advantages of Tax Incentives

Flavio Maluf is one of the most successful businessmen in Brazil today. He serves as the current president of Eucatex Group, which is a family business. Recently, there was an issue recently regarding the tax incentives that will be given to Brazilian companies, and Flavio Maluf declared his support for it. For Flavio Maluf, doing business in Brazil is a difficult task, because of the high taxes demanded by the government. If the companies were given a tax incentive, Brazil would become a favorite place for investors. The government of Brazil is already considering the act of proposing tax incentives to businesses to help boost the country’s economy. He also added that once the international business community is informed about the changes in the country’s taxing system, it would allow them to come into Brazil to start their businesses. It would provide jobs to the locals, and it would drive the country’s economy into new heights. Read more about Flavio Maluf at Blog do Ronco

Flavio Maluf stated that the tax incentives proposed by the government of Brazil would be beneficial to the company and the country. There will be conditions set for a business to be eligible for the tax incentive, and one of the ways that they could enjoy the incentive is that they should be partnering with the government in finishing their projects. Brazil is undergoing a new infrastructure boom, and they wanted the companies to fund their projects, in exchange for a tax incentive. They are also encouraging the businesses to support the government’s programs that are focused on civics. The nation-building process would result in a stronger economy for the Brazilians, and a commitment of the business owners to ensure that they are helping the country through helping with public projects.

Flavio Maluf is currently working with other business owners in Brazil to help promote the act. He is stating that if the measures succeeded, it would usher a new age in the business sector in the country. The government of Brazil welcomed the insights of Flavio Maluf, and they stated that they are now working with other state departments to ensure the passage of the tax incentive laws.

Visit: http://www.infomoney.com.br/negocios/noticias-corporativas/noticia/5913933/flavio-maluf-traz-dicas-que-podem-ajudar-transformar-sua-ideia

 

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