diff --git a/pkg/chart/v2/chart.go b/pkg/chart/v2/chart.go
index dcc2a43eb..66ddf98a5 100644
--- a/pkg/chart/v2/chart.go
+++ b/pkg/chart/v2/chart.go
@@ -113,6 +113,8 @@ func (ch *Chart) ChartPath() string {
 }
 
 // ChartFullPath returns the full path to this chart.
+// Note that the path may not correspond to the path where the file can be found on the file system if the path
+// points to an aliased subchart.
 func (ch *Chart) ChartFullPath() string {
 	if !ch.IsRoot() {
 		return ch.Parent().ChartFullPath() + "/charts/" + ch.Name()
diff --git a/pkg/chart/v2/util/dependencies.go b/pkg/chart/v2/util/dependencies.go
index b7f78010b..e2cce6f2f 100644
--- a/pkg/chart/v2/util/dependencies.go
+++ b/pkg/chart/v2/util/dependencies.go
@@ -91,6 +91,7 @@ func processDependencyTags(reqs []*chart.Dependency, cvals Values) {
 	}
 }
 
+// getAliasDependency finds the chart for an alias dependency and copies parts that will be modified
 func getAliasDependency(charts []*chart.Chart, dep *chart.Dependency) *chart.Chart {
 	for _, c := range charts {
 		if c == nil {
@@ -104,17 +105,38 @@ func getAliasDependency(charts []*chart.Chart, dep *chart.Dependency) *chart.Cha
 		}
 
 		out := *c
-		md := *c.Metadata
-		out.Metadata = &md
+		out.Metadata = copyMetadata(c.Metadata)
+
+		// empty dependencies and shallow copy all dependencies, otherwise parent info may be corrupted if
+		// there is more than one dependency aliasing this chart
+		out.SetDependencies()
+		for _, dependency := range c.Dependencies() {
+			cpy := *dependency
+			out.AddDependency(&cpy)
+		}
 
 		if dep.Alias != "" {
-			md.Name = dep.Alias
+			out.Metadata.Name = dep.Alias
 		}
 		return &out
 	}
 	return nil
 }
 
+func copyMetadata(metadata *chart.Metadata) *chart.Metadata {
+	md := *metadata
+
+	if md.Dependencies != nil {
+		dependencies := make([]*chart.Dependency, len(md.Dependencies))
+		for i := range md.Dependencies {
+			dependency := *md.Dependencies[i]
+			dependencies[i] = &dependency
+		}
+		md.Dependencies = dependencies
+	}
+	return &md
+}
+
 // processDependencyEnabled removes disabled charts from dependencies
 func processDependencyEnabled(c *chart.Chart, v map[string]interface{}, path string) error {
 	if c.Metadata.Dependencies == nil {
diff --git a/pkg/chart/v2/util/dependencies_test.go b/pkg/chart/v2/util/dependencies_test.go
index 5bd332990..9b7fe3bef 100644
--- a/pkg/chart/v2/util/dependencies_test.go
+++ b/pkg/chart/v2/util/dependencies_test.go
@@ -286,6 +286,38 @@ func TestProcessDependencyImportValues(t *testing.T) {
 	}
 }
 
+func TestProcessDependencyImportValuesFromSharedDependencyToAliases(t *testing.T) {
+	c := loadChart(t, "testdata/chart-with-import-from-aliased-dependencies")
+
+	if err := processDependencyEnabled(c, c.Values, ""); err != nil {
+		t.Fatalf("expected no errors but got %q", err)
+	}
+	if err := processDependencyImportValues(c, true); err != nil {
+		t.Fatalf("processing import values dependencies %v", err)
+	}
+	e := make(map[string]string)
+
+	e["foo-defaults.defaultValue"] = "42"
+	e["bar-defaults.defaultValue"] = "42"
+
+	e["foo.defaults.defaultValue"] = "42"
+	e["bar.defaults.defaultValue"] = "42"
+
+	e["foo.grandchild.defaults.defaultValue"] = "42"
+	e["bar.grandchild.defaults.defaultValue"] = "42"
+
+	cValues := Values(c.Values)
+	for kk, vv := range e {
+		pv, err := cValues.PathValue(kk)
+		if err != nil {
+			t.Fatalf("retrieving import values table %v %v", kk, err)
+		}
+		if pv != vv {
+			t.Errorf("failed to match imported value %v with expected %v", pv, vv)
+		}
+	}
+}
+
 func TestProcessDependencyImportValuesMultiLevelPrecedence(t *testing.T) {
 	c := loadChart(t, "testdata/three-level-dependent-chart/umbrella")
 
@@ -430,6 +462,9 @@ func TestDependentChartAliases(t *testing.T) {
 	if aliasChart == nil {
 		t.Fatalf("failed to get dependency chart for alias %s", req[2].Name)
 	}
+	if aliasChart.Parent() != c {
+		t.Fatalf("dependency chart has wrong parent, expected %s but got %s", c.Name(), aliasChart.Parent().Name())
+	}
 	if req[2].Alias != "" {
 		if aliasChart.Name() != req[2].Alias {
 			t.Fatalf("dependency chart name should be %s but got %s", req[2].Alias, aliasChart.Name())
@@ -521,3 +556,32 @@ func TestDependentChartsWithSomeSubchartsSpecifiedInDependency(t *testing.T) {
 		t.Fatalf("expected 1 dependency specified in Chart.yaml, got %d", len(c.Metadata.Dependencies))
 	}
 }
+
+func validateDependencyTree(t *testing.T, c *chart.Chart) {
+	for _, dependency := range c.Dependencies() {
+		if dependency.Parent() != c {
+			if dependency.Parent() != c {
+				t.Fatalf("dependency chart %s has wrong parent, expected %s but got %s", dependency.Name(), c.Name(), dependency.Parent().Name())
+			}
+		}
+		// recurse entire tree
+		validateDependencyTree(t, dependency)
+	}
+}
+
+func TestChartWithDependencyAliasedTwiceAndDoublyReferencedSubDependency(t *testing.T) {
+	c := loadChart(t, "testdata/chart-with-dependency-aliased-twice")
+
+	if len(c.Dependencies()) != 1 {
+		t.Fatalf("expected one dependency for this chart, but got %d", len(c.Dependencies()))
+	}
+
+	if err := processDependencyEnabled(c, c.Values, ""); err != nil {
+		t.Fatalf("expected no errors but got %q", err)
+	}
+
+	if len(c.Dependencies()) != 2 {
+		t.Fatal("expected two dependencies after processing aliases")
+	}
+	validateDependencyTree(t, c)
+}
diff --git a/pkg/chart/v2/util/testdata/chart-with-dependency-aliased-twice/Chart.yaml b/pkg/chart/v2/util/testdata/chart-with-dependency-aliased-twice/Chart.yaml
new file mode 100644
index 000000000..d778f8fe9
--- /dev/null
+++ b/pkg/chart/v2/util/testdata/chart-with-dependency-aliased-twice/Chart.yaml
@@ -0,0 +1,14 @@
+apiVersion: v2
+appVersion: 1.0.0
+name: chart-with-dependency-aliased-twice
+type: application
+version: 1.0.0
+
+dependencies:
+  - name: child
+    alias: foo
+    version: 1.0.0
+  - name: child
+    alias: bar
+    version: 1.0.0
+
diff --git a/pkg/chart/v2/util/testdata/chart-with-dependency-aliased-twice/charts/child/Chart.yaml b/pkg/chart/v2/util/testdata/chart-with-dependency-aliased-twice/charts/child/Chart.yaml
new file mode 100644
index 000000000..220fda663
--- /dev/null
+++ b/pkg/chart/v2/util/testdata/chart-with-dependency-aliased-twice/charts/child/Chart.yaml
@@ -0,0 +1,6 @@
+apiVersion: v2
+appVersion: 1.0.0
+name: child
+type: application
+version: 1.0.0
+
diff --git a/pkg/chart/v2/util/testdata/chart-with-dependency-aliased-twice/charts/child/charts/grandchild/Chart.yaml b/pkg/chart/v2/util/testdata/chart-with-dependency-aliased-twice/charts/child/charts/grandchild/Chart.yaml
new file mode 100644
index 000000000..50e620a8d
--- /dev/null
+++ b/pkg/chart/v2/util/testdata/chart-with-dependency-aliased-twice/charts/child/charts/grandchild/Chart.yaml
@@ -0,0 +1,6 @@
+apiVersion: v2
+appVersion: 1.0.0
+name: grandchild
+type: application
+version: 1.0.0
+
diff --git a/pkg/chart/v2/util/testdata/chart-with-dependency-aliased-twice/charts/child/charts/grandchild/templates/dummy.yaml b/pkg/chart/v2/util/testdata/chart-with-dependency-aliased-twice/charts/child/charts/grandchild/templates/dummy.yaml
new file mode 100644
index 000000000..1830492ef
--- /dev/null
+++ b/pkg/chart/v2/util/testdata/chart-with-dependency-aliased-twice/charts/child/charts/grandchild/templates/dummy.yaml
@@ -0,0 +1,7 @@
+apiVersion: v1
+kind: ConfigMap
+metadata:
+  name: {{ .Chart.Name }}-{{ .Values.from }}
+data:
+  {{- toYaml .Values | nindent 2 }}
+
diff --git a/pkg/chart/v2/util/testdata/chart-with-dependency-aliased-twice/charts/child/templates/dummy.yaml b/pkg/chart/v2/util/testdata/chart-with-dependency-aliased-twice/charts/child/templates/dummy.yaml
new file mode 100644
index 000000000..b5d55af7c
--- /dev/null
+++ b/pkg/chart/v2/util/testdata/chart-with-dependency-aliased-twice/charts/child/templates/dummy.yaml
@@ -0,0 +1,7 @@
+apiVersion: v1
+kind: ConfigMap
+metadata:
+  name: {{ .Chart.Name }}
+data:
+  {{- toYaml .Values | nindent 2 }}
+
diff --git a/pkg/chart/v2/util/testdata/chart-with-dependency-aliased-twice/values.yaml b/pkg/chart/v2/util/testdata/chart-with-dependency-aliased-twice/values.yaml
new file mode 100644
index 000000000..695521a4a
--- /dev/null
+++ b/pkg/chart/v2/util/testdata/chart-with-dependency-aliased-twice/values.yaml
@@ -0,0 +1,7 @@
+foo:
+  grandchild:
+    from: foo
+bar:
+  grandchild:
+    from: bar
+
diff --git a/pkg/chart/v2/util/testdata/chart-with-import-from-aliased-dependencies/Chart.yaml b/pkg/chart/v2/util/testdata/chart-with-import-from-aliased-dependencies/Chart.yaml
new file mode 100644
index 000000000..c408f0ca8
--- /dev/null
+++ b/pkg/chart/v2/util/testdata/chart-with-import-from-aliased-dependencies/Chart.yaml
@@ -0,0 +1,20 @@
+apiVersion: v2
+appVersion: 1.0.0
+name: chart-with-dependency-aliased-twice
+type: application
+version: 1.0.0
+
+dependencies:
+  - name: child
+    alias: foo
+    version: 1.0.0
+    import-values:
+      - parent: foo-defaults
+        child: defaults
+  - name: child
+    alias: bar
+    version: 1.0.0
+    import-values:
+      - parent: bar-defaults
+        child: defaults
+
diff --git a/pkg/chart/v2/util/testdata/chart-with-import-from-aliased-dependencies/charts/child/Chart.yaml b/pkg/chart/v2/util/testdata/chart-with-import-from-aliased-dependencies/charts/child/Chart.yaml
new file mode 100644
index 000000000..ecdaf04dc
--- /dev/null
+++ b/pkg/chart/v2/util/testdata/chart-with-import-from-aliased-dependencies/charts/child/Chart.yaml
@@ -0,0 +1,12 @@
+apiVersion: v2
+appVersion: 1.0.0
+name: child
+type: application
+version: 1.0.0
+
+dependencies:
+  - name: grandchild
+    version: 1.0.0
+    import-values:
+      - parent: defaults
+        child: defaults
diff --git a/pkg/chart/v2/util/testdata/chart-with-import-from-aliased-dependencies/charts/child/charts/grandchild/Chart.yaml b/pkg/chart/v2/util/testdata/chart-with-import-from-aliased-dependencies/charts/child/charts/grandchild/Chart.yaml
new file mode 100644
index 000000000..50e620a8d
--- /dev/null
+++ b/pkg/chart/v2/util/testdata/chart-with-import-from-aliased-dependencies/charts/child/charts/grandchild/Chart.yaml
@@ -0,0 +1,6 @@
+apiVersion: v2
+appVersion: 1.0.0
+name: grandchild
+type: application
+version: 1.0.0
+
diff --git a/pkg/chart/v2/util/testdata/chart-with-import-from-aliased-dependencies/charts/child/charts/grandchild/values.yaml b/pkg/chart/v2/util/testdata/chart-with-import-from-aliased-dependencies/charts/child/charts/grandchild/values.yaml
new file mode 100644
index 000000000..f51c594f4
--- /dev/null
+++ b/pkg/chart/v2/util/testdata/chart-with-import-from-aliased-dependencies/charts/child/charts/grandchild/values.yaml
@@ -0,0 +1,2 @@
+defaults:
+  defaultValue: "42"
\ No newline at end of file
diff --git a/pkg/chart/v2/util/testdata/chart-with-import-from-aliased-dependencies/charts/child/templates/dummy.yaml b/pkg/chart/v2/util/testdata/chart-with-import-from-aliased-dependencies/charts/child/templates/dummy.yaml
new file mode 100644
index 000000000..3140f53dd
--- /dev/null
+++ b/pkg/chart/v2/util/testdata/chart-with-import-from-aliased-dependencies/charts/child/templates/dummy.yaml
@@ -0,0 +1,7 @@
+apiVersion: v1
+kind: ConfigMap
+metadata:
+  name: {{ .Chart.Name }}
+data:
+  {{ .Values.defaults | toYaml }}
+
diff --git a/pkg/chart/v2/util/testdata/chart-with-import-from-aliased-dependencies/templates/dummy.yaml b/pkg/chart/v2/util/testdata/chart-with-import-from-aliased-dependencies/templates/dummy.yaml
new file mode 100644
index 000000000..a2b62c95a
--- /dev/null
+++ b/pkg/chart/v2/util/testdata/chart-with-import-from-aliased-dependencies/templates/dummy.yaml
@@ -0,0 +1,7 @@
+apiVersion: v1
+kind: ConfigMap
+metadata:
+  name: {{ .Chart.Name }}
+data:
+  {{ toYaml .Values.defaults | indent 2 }}
+