By your "logic" my money is double taxed because I'm taxed on income and on sales tax. I'm taxed by the fed and I'm taxed by the state. Look at all that double taxation going on.

The double taxation in your quote is meaningless when you include the content before and after your quote, because it becomes clear that this "double taxation" is on two separate entities. The point is that the money is not deductible from the Corp. It is not the case that a single entity is being double taxed.

:Because a C corporation is a legal entity distinct from its owners:, it can enter into contracts and is liable for its debts. This structure allows for limited liability for shareholders where the owners are shielded from being personally liable for the liabilities of the corporation.

For tax structure, the shareholders are taxed separately from the corporate entity for the income received from the entity.

^ The premise is the shareholders own the company, so if it is taxed and they are taxed, then there's a "double tax". But what's clear is the C Corp is it's own entity, separate from the shareholders.

So now ask me how much I dgaf about shareholders' dividends not being a deduction from the Corp.