In an article titled "De-bureaucratizing is the solution to reduce Brazil's cost and promote growth," Cardoso Linhares criticizes Brazil's cost and ensures that it is like the lock that hinders the country's growth: "How does this affect the tourism sector? More broadly, it is the sum of several factors already known: the high tax burden and bureaucracy, which raise business costs and influence the final price of products and services, which slows down international competitiveness, solid growth in the internal market."
Later, the president of ABIH Nacional underscored the work of Minister of Tourism Vinicius Lummertz in order to reduce bureaucratic obstacles and increase the flow of investments to the sector: "The need to take to zero the import tax on equipment without similar national and to change the nomenclature of these consumer goods into capital goods in order to facilitate the transactions related to the construction of theme parks is another agenda that Lummertz has been promoting, along with the continuity of the visibility flexibility policy and its electronic issuance program, mainly with China, whose negotiations have already begun, and with India.”
"In this context, the Brazilian Association of Hotel Industry (ABIH) Nacional has been demanding that independent hotels be included in the gambling regulation project, since the inclusion of small casinos and gambling houses in legalization would allow the development of different destinations and avoid the concentration of the sector," Cardos Linhares said in his column on the markets&events website.
"As an entity, we have demonstrated the importance that governments, at their various levels, need to engage in dialogue with the various sectors of society to address, once and for all, issues involving bureaucracy and the tax burden. I have faith and certainty that, together, private initiative and public power, we will find ways to simplify our legislation to stimulate the immense potentialities of the country," ends the text of Cardoso Linhares.
Source: GMB
