Flavio Maluf is high-ranking executive of the Eucatex company in Brazil. He joined the firm more than three decades ago. Maluf has served in the trade, industrial and sales sectors of the company before his appointment as president. Below are some of Flavio Maluf’s insights into tax incentives and the impact they have on societies and businesses.
What is the point of fiscal incentive laws asks Flavio Maluf? He answers that they are meant to spur the economic and social development of the nation. Maluf admits that many entrepreneurs struggle in launching new businesses in Brazil. This is because of high taxation and regulation.
What is the solution to this? Flavio Maluf believes it is fiscal incentive laws that give new businesses breaks from the heavy tax and regulation burdens that would be imposed on them by the government. Fiscal incentive laws can be made to target a certain sector says the Eucatex executive. For example, laws can be made that will target the medical, scientific or technological industry. The goal of these incentives would be to foster innovation in these sectors that can help society and other sectors of the economy.
Under standard taxation, money goes directly to the government. In Brazil, there is a lot of corruption and management. In general, it can be said that governments often squander any money they receive. The situation is perhaps especially severe in Brazil.
Fiscal incentive laws divert money from the government and instead let it flow directly to businesses, consumers, and society in general. With lower tax burdens, companies can invest in more equipment. They can also hire more people. Higher wages may result as well.
A lower tax burden can mean can also mean that companies can lower prices. This means that the consumer will benefit. Higher wages and low prices can mean greater disposable income. This means an improving economy.
The concept of a tax or fiscal incentive is pretty simple states Flavio Maluf. It can span varying levels of scope. For example, it can be on a city-wide scale, an industrial scale or even a national scale. The scope of the fiscal incentive laws depends on the government policy and goals.
Igor Cornelsen was born in Curitiba, Brazil, and attended engineering school at the Federal University of Parana. After two years of diligence in learning how to become an engineer, Igor realized that his calling was more with economics. In 1970, at an era where complex calculators were not commonly used as they are today, Igor’s engineering background was valuable and helped him to secure a job at an investment banking firm; This eventually propelled him to success and eventually led him to Rio De Janeiro. In 1974 in Rio, Igor became promoted to the board of directors at the bank named Multibanco. Two years later, in 1976, he actually secured a position as the chief executive officer.
A few years later when Multibanco was bought out by Bank of America, Igor Cornelsen saw this as the old saying goes, “When one door closes another door opens.” So he applied with Unibanco, which was one of the biggest banks at the time in Brazil. One thing led to another, and in 1985 he packed up and moved to another bank named Libra Bank. From Libra, he finally moved his way into Standard Chartered Bank, which is actually one of the largest banks in Singapore and was established when the British colonized the east and established ties over there. They have branches worldwide, and he ended up working at Standard Chartered for a good seven years before moving on and starting his own firm. Follow Igor Cornelsen on Twitter.
With such an extensive background in the investment banking world in Brazil, one would only expect Igor Cornelsen to have some insight on the world of finance. Over the years, Igor Cornelsen has learned that the most exciting aspect of the industry is related to understanding shifts in market trends before other investors do. He cites that much of his gain is from studying the news from Reuters more so than it is from listening to the advice of individual investors who have certain opinions of the markets. View: https://interview.net/igor-cornelsen/
Igor Cornelsen has made a path to better investing for anyone that cares to listen. He is the former Brazilian Banker turned investment guru that has retired and moved back to the United States. During his time as an investment banker people could see that Igor Cornelsen was growing his knowledge of investing in Brazil. Latin America would become a place where he would become familiar with the concept of investing money that could easily grow when he capitalized on certain tips that he developed.
One of the first things that Igor Cornelsen realized was that there was going to be a need to embrace the possibility of the regulations that can come with investing. A new company can form in an instant, and regulations can fall in place that can make it close to impossible for investors to capitalize on what this new company is doing. Check ireport.cnn about Igor Cornelsen
This is just part of the game that is played when it comes to foreign investments. People must learn to be patient and wait as they hear the outcome of the rules that are put in place for certain business practices. It is not anything new, but new investors may freak out when they discover that there are things that may be putting some of their investments on hold. Instead of freaking out investors should simply know that this is part of the territory that comes with investments outside of their comfort zone. When people are embracing the concept of diversification for investments they must prepare for this in advance.
Another thing that a smart investor must employ is the knowledge of the currency rates and the limitations that this can bring. No one can start investing in industries outside of what they are used to and not expect there to be some differences in the currency rates.
Knowledgeable investors that want to diversify must realize that they have a stronger position when they know exactly how the currency rate will affect their investments.
Lastly, people that invest in Latin America must know what the natives of Latin America are doing with their money.
Brazilian neuroscientists have begun to reveal the nature of morality. Scientists have made the discovery the brain hides traumatic memories. As the D’Or Institute for Research and Teaching’s Director, this subject is of interest to Jorge Moll. He believes there is a deep neurobiological basis rooted in morality and feels what is important is each individual’s values and not the values themselves. He sees Brazilian society as hedonistic and feels this is influenced by creation, culture, and genetic inheritance.
Jorge Moll has studied altruism’s foundation and believes people come together through their affinities (idor.org). This can be a football team or a religion, but these emotions are distributed by the brain and linked to emotions. The adaptation of morality is a combination of abstract social concepts and emotions. The perception of what is laziness or generosity. Jorge Moll believes these concepts are processed by the anterior temporal cortex of the brain and acquire emotional relevance.
Neuroscience uses a variety of tools to understand the networks of the brain, and brain activity is measured with magnetic resonance. This is how Jorge Moll participated in a classic study regarding altruism. In 2006, the team’s results showed making money and donating activate the same reward system. Another moral compass is the study of psychopaths because their lack of morality indicates a neuropsychiatric disease. Although they have the capability to make moral judgments, their actions are not in accordance.
According to Jorge Moll, there is a large capacity for attachment in human beings. The people who help guide his life and share his affinities are the ones he values and clings to. He believes attachment is important regarding human morality but can lead to irrational attitudes when without discernment and in excess. He sees this when a team is defended despite playing poorly, or a political party receives support when they are unable to admit to crimes perpetrated by the party or their members. Morality is now seen by researchers as an emerging property. Select behaviors evolved because they guaranteed the individual would survive. When values are violated or threatened, a society can lose values and become easy to manipulate.
Bruno Fagali is a highly renowned lawyer and an expert in Administrative Law, Urban Law and Regulatory Law. Bruno Fagali is a clear choice for any person or organization that wants to obtain the best possible result in their case.
It is extremely important to find a good attorney to handle your case, no matter how simple it may seem. Lawyers provide services that can keep you out of trouble, and help you move on with out normal activities.
There are many attorneys and law firms that provide clients with good services but make sure you choose carefully. It is a good idea to hire a lawyer that has a high success rate in the industry.
Bruno Fagali will want you to schedule a consultation so you can present details of your legal matter and what you expect. Bruno Fagali has an excellent track record, and comes highly recommended. If you want to hire a good attorney in Brazil, then contact Bruno Fagali right away.