B. Baltex Sdn Bhd, a fund management company, derived the following income for the year ended 31 December 2020: Foreign Investors Local Investors RM'000 RM'000 RM'000 RM000 6,000 4,000 Revenue Less: Operating Cost Staff remuneration Rent 1,800 200 400 40 2,000 200 1,000 200 200 40 1,200 Telecommunication costs Statutory fees Other operating costs Depreciation Total operating costs before tax Profit 200 4,640 1,360 2,840 1,160 Capital allowance allowed for foreign investors amounted to RM160,000 and for local investors amounted to RM200,000. REQUIRED: Calculate tax payable by Baltex Sdn Bhd both for local and foreign investors for the year of assessment 2020. (6 Marks) C. A Venture Capital Company (VCC) is entitled to two types of incentives, i.e. tax exemption and tax deduction. These incentives are subject to the fulfillment of the financing and investment criteria. REQUIRED: Briefly discuss any TWO (2) requirements of products or activities under financing criteria. (4 Marks) B. Baltex Sdn Bhd, a fund management company, derived the following income for the year ended 31 December 2020: Foreign Investors Local Investors RM'000 RM'000 RM'000 RM000 6,000 4,000 Revenue Less: Operating Cost Staff remuneration Rent 1,800 200 400 40 2,000 200 1,000 200 200 40 1,200 Telecommunication costs Statutory fees Other operating costs Depreciation Total operating costs before tax Profit 200 4,640 1,360 2,840 1,160 Capital allowance allowed for foreign investors amounted to RM160,000 and for local investors amounted to RM200,000. REQUIRED: Calculate tax payable by Baltex Sdn Bhd both for local and foreign investors for the year of assessment 2020. (6 Marks) C. A Venture Capital Company (VCC) is entitled to two types of incentives, i.e. tax exemption and tax deduction. These incentives are subject to the fulfillment of the financing and investment criteria. REQUIRED: Briefly discuss any TWO (2) requirements of products or activities under financing criteria. (4 Marks)