Flavio Maluf Talks About The High Business Tax Burden Of Brazil

Flavio Maluf is a businessman in Brazil. He heads Eucatex as the chief executive officer. His company is headquartered in Sao Paulo and also has offices in Belo Horizonte and Bento Goncalves. AdditionallyEucatex has an office in the United States and one in Germany.

Eucatex is a company that grows eucalyptus plants and use them to manufacturer items such as flooring. Their products can be found throughout the world. It was founded in 1951 and Flavio Maluf has headed it since 1997. He is a graduate of Armando AlvaresPenteado Foundation and holds a mechanical engineering degree. Visit on his twitter for latest updates.

He says that starting and running a business in Brazil is difficult. One of the biggest issues is that business taxes are very high in that country. He says there are ways to mitigate the tax burden but any business owner will still be paying a lot in taxes to the government.

Flavio Maluf says that the Brazilian federal government does allow business owners to direct some of the money they pay to projects that improve society, though. This can be anything from scientific research, social, health, cultural, or otherwise helps people. The goal of this is to develop this country’s economy and the lives of the people of Brazil.

He says there are also tax breaks if you place your business in certain regions of Brazil. One example of this is the Manau Free Zone which was established in 1957. The goal of this tax break is to develop the economy of the Western Amazon.

Business taxes in Brazil are paid to the city, state, and federal governments. Each of these offers some tax breaks for businesses of varying degrees. Tax is paid on the real profit of a company. Flavio Maluf says that any company using the Simples Nacional to collect taxes cannot use tax incentives, though.

Flavio Maluf started his professional career in 1987. Eucatex has always been owned and managed by members of his family. He took over running this company in 1997 when his uncle retired. Everyone agreed he would be a good fit for managing Eucatex and he has been doing so successfully since that time.

Read more: http://blogdoronco.blogspot.com/2014/05/empresario-flavio-maluf-prestigia.html

 

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