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The Venture Group of companies (Venture) has been established by a group of several entrepreneurs to undertake investments in Malaysia. Venture has not been granted any tax incentives so far. There are three wholly-owned Malaysian tax resident subsidiaries in Venture, each of which derives income from a single principal activity.
The profile of these subsidiaries is as follows:
Required:
Problem 1: Determine, giving reasons, which incentive measure is the most suitable for each of the companies:
(a) Aster Sdn Bhd
(b) Beta Sdn Bhd
(c) Dail Sdn Bhd.
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