Flavio Maluf’s point of view regarding Tax Incentives
Brazil’s first measure of the tax burden was set up in 1974. This led to an immediate 13.5% GDP. From that time, the real measure of the tax burned has risen gradually. The gradual growth in tax revenue burden has made it difficult for the entrepreneurs when it comes to setting up businesses in the country. Despite this, Flavio Maluf has come out to explain the need for government to influence the establishment of businesses in Brazil through exempting the entrepreneurs from the tax burdens. Read more about Flavio at terra.com
Flavio Maluf asserts that the idea of the Fiscal Tax Incentives Laws is meant to promote significant economic and social growth in the country. The unreasonable tax burdens tend to interfere with the chances of making it in Brazil as an entrepreneur. However, there are few measures that can be employed by the government to ensure that the Brazilians enjoy the benefits of tax incentives. Flavio claims that the proposed Fiscal Incentive Law is there to offer the companies the opportunity to use some of their earned revenues meant for taxes on projects that benefit the economy and society.
The laws provide ways through which the businesses will concentrate on societal developmental initiatives such as cultural projects, technology, scientific research and other useful projects such as health programs. As the Chief Executive Officer of Eucatex Group, Flavio Maluf is in charge of the company together with its affiliates. He has worked at the company since 1987 where he joined in the trade area of the company. He later moved to the company’s industrial area. Maluf is a graduate of FAAP San Paulo where he graduated with a degree in Mechanical Engineering. Mr. Flavio has also served at Grandfood as the president of the company.
Flavio Maluf joined the company’s executive team in 1997 after being persuaded by his uncle who served as the company’s president during that time. The CEO is a business leader who is not only a role model but also an excellent mentor in the entrepreneurship world. Flavio is passionate when it comes to writing and owns a business blog whose aim is to discuss entrepreneurial and leadership skills.