It is hard to maintain a business in Brazil due to the high taxes. However, according to the president of Eucatex group of companies, Mr. Flavio Maluf, a business can employ specific tactics such as tax incentives to lessen revenue burden. Another significant relief for businesses is the Fiscal Incentive Laws.
The provision proposes part of the value paid in taxes to go to different developments. Such projects should have social impact and may include sporting, technological, scientific research and health programs. In doing so, the money will benefit the society more instead of going directly to the government. The law encourages social and economic development in the country for entrepreneurs to enjoy the developed infrastructures. Learn more at mundodomarketing.com about Flavio Maluf
Tax Incentive Programs
Tax incentive programs do not free businesses from paying taxes. It only provides strategic ways of spending money that could have been diverted to paying taxes. Mr. Maluf indicates that the association between the business and the people created the tax incentives is advantageous to firms since they gain a positive outlook from the public. If it becomes successful, the strategy will help business save considerably on advertisements.
Tax incentive can be applied in specific regions to encourage business growth like Manaus Free Zone. Some revenue incentives are given to certain businesses depending on the area of operations. Such incentives are in different forms such as tax reduction, exemption among others and are meant to promote specific economic activity. They allow companies to invest a considerable amount of investments that generate jobs and facilitate economic growth. Sectors that may benefit from such tax incentives include agriculture, information technology among others. Fiscal programs can be federal, state or municipal and may vary in different regions. Tax incentives can only be realized if enterprises are taxed based on the real profit.
Mr. Flavio Maluf started his career in the Eucatex Group trade area in 1987. He later moved to the industrial area where he remained up to 1996. His uncle introduced him to the company executive position. In 1997, he was elevated to become the president of the enterprise. Flavio Maluf is conversant with the tax laws.
Recently, Felipe Montero Jens and his team are working hard towards supporting healthy public-private partnerships. The set investment partnership programs seek to take control over 18 auctions in the infrastructure industry for about the past four months of 2017. Being the infrastructure expert, Felipe had a clear stand on the stability of the investment plans. Politically, an understanding was reached regarding the projects on schedule in 2017 through various discussions. Learn more about Felipe Montoro Jens at terra.com
According to Felipe Montero Jens, a total the 18 proposed projects would work on the basis of discussion meetings planned later in the year. He made it clear that the PPP projects seek to address various grievances from the private sector. The move is as a result of the recent denunciation news by Lava Jato on the vital projects in Brazil. Felipe Montoro Jens views the proposed partnerships as a great opportunity for enhancing effective growth and development of most industrial sectors all around Brazil. Montero Jens will ensure accountability in the PPP projects that will combine services from both the public and private sectors in the infrastructure industry.
In his report, Felipe Montero Jens cites that the private sector companies have the ability to offer savings on costs and reduce wastes in the water and sewerage departments in the country. Besides, these companies can make new investments in the infrastructure sector thus greatly improving sanitation in Brazil. The private sector can also bring new technologies on board to make sanitation more efficient and safe for everybody. As such, the collaboration between the two bodies in the implementation of similar projects can prove fruitful in achieving development goals and objectives in infrastructure.
Felipe Montero Jens is an infrastructure specialist as well as the head project manager of the Public-Private Partnership (PPP) projects. He sees to it that most projects in Brazil are a success. Felipe owes his excellent skills in finance and investment to the Getulio Vargas foundation where he attained his undergraduate degree. Additionally, he attended the Thunderbird School for Global Management to polish up his managerial skills; hence the good project management skills today. He is an experienced and reputable infrastructure projects expert with rich knowledge in management as well as leadership.