The author states: 'Secondly, foreign investors (NRIs, FIIs, etc) have to pay tax in their host country too on such dividends received. As DDT is not a tax envisaged under the Double Taxation Avoidance Agreements (DTAAs), such investors would end up bearing triple tax on the one income.' 2. This is not correct. For example, under our tax treaty with US, allows to a US citizen & US resident, credit of tax paid in India by or on their behalf. In the case of US company, owning at least 10% of voting shares in the Indian company, distributing dividends, the credit is allowed also of the underlying tax(DDT) 2. Thus, with proper advice, US citizen, company or resident, can claim credit of DDT in US
