double taxation treaty(DTT, СИДН; an agreement between two countries to prevent taxpayers being liable for tax on the same amount under both tax systems:: Other double taxation agreement Phrase Bank. • A new double taxation treaty between the UK and the US was signed at the end of the year. • The director is working in a country which has a double taxation treaty. • They agreed to renegotiate the double taxation treaty. TED • The countries signed a double taxation treaty. • Switzerland has had a double taxation treaty with the US for over half a century.Alexander Demidov)