One of the biggest economies in the world can be found in Brazil. The resource-rich South American country managed to transform its economy in a short span of time, and through the effort of the government, businesses in the country are thriving. However, some entrepreneurs are claiming that the small time business people in Brazil could not prosper because of the excessive taxes imposed by the government. They wanted the Brazilian government to introduce tax incentives, and let all businesses in the country experience being given that kind of privilege. The proponents of tax incentives see that the country would become better if it would be in effect. Follow Flavio Maluf on Twitter.
Flavio Maluf is one of those who supports the idea of introducing tax incentives to Brazilian businesses. He serves as the current chief executive officer of the Eucatex Group, and he believes that introducing a tax incentive scheme among Brazilian business people would improve the country’s economy even better. Flavio Maluf stated that the Brazilian government should support an act that would introduce tax incentives to Brazilian businesses because it would get the attention of investors from overseas and investments in Brazil would thrive.
The Brazilian government welcomed the suggestion of Flavio Maluf. They are claiming that the state has been working to find a solution regarding the high taxes imposed on Brazilian business people. The government also added that they are already looking into providing tax incentives, but they wanted to finalize everything before they announce their plans to the public. Recently, Brazil has undergone major infrastructure projects, and the government considers to partner with private businesses to do the projects for them. The Brazilian government stated that they would provide tax incentives to business owners who would like to partner with them regarding their projects for the public.
Flavio Maluf believes that the government’s actions regarding the tax incentive law would change the society for the better. If the government wanted to partner with businesses to finish their projects, Flavio Maluf guaranteed that most Brazilian business owners would be willing to do such act. He believes that the country would become better if everyone worked together.