Flavio Maluf’s Proposal on Tax Incentives in Brazil

Flavio Maluf is a businessman who works at the companies Eucatex as an Executive and President of the organization. Maluf who hails from Brazil points out that it is not easy to maintain businesses in the county due to the high taxes that entrepreneurs are subjected to pay. Flavio Maluf, therefore, suggests of tax incentives that can be of benefit to companies by having put forth tactics to motivate the organizations. He says that this can be done using the Fiscal Incentive Laws with the main idea in mind as the promotion of the social and economic growth of the country.

Read more about Flavio Maluf at Blog do Ronco

Further, the Fiscal Incentive Laws seek to make a percentage of the taxes contributed by the companies to be pushed directly into projects. The projects, in this case, include the sporting, scientific research of the healthcare sector, technology, social, and cultural programs among others. Flavio Maluf again states that this will bring motivation to the organizations while it is still an alternative way of the economic development instead of sending money straight to the government.

Also, one of the main advantages that will be of great benefit to the companies is the saving of the financial budget through advertisements. This will be as a result of associating the brands with the sponsorship projects that the companies will be supporting. Equally important, while the tax incentive programs will be in part as a kind of corporate social responsibility works for the organizations, it is crucial to understand that the proposal does advocate for tax elimination but will be a way of promoting brands.

About Flavio Maluf

Flavio Maluf started working at the Eucatex Group in 1987 and took over office as the CEO and president of the company on April 29, 2005. He is a graduate of the Fundacao Armando Alvares Pentad (FAAP) where he graduated with a degree of Mechanical Engineering. Flavio Maluf is a hard working individual who has been very resourceful to the Eucatex Company due to his excellent entrepreneurial skills. Under his leadership, the Eucatex organization which specializes in making unique home products such as tiles and paints has made a positive growth over the years.

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