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Lorenzo Reyes, a resident Filipino individual, derives 200,000 in foreign-sourced dividends from a company in Country Z. Country Z withholds 40,000 as foreign tax on that dividend. The Philippine income tax on the foreign-sourced dividend would be 80,000.   (a)State the doctrine governing double taxation and the relief mechanism available in the Philippines. (b)State the governing rule for foreign tax credit and its key limitation. (c)Compute the foreign tax credit Lorenzo may claim and his net Philippine tax on that income after applying the credit, assuming no double taxation relief under a treaty with Country Z.