[timedoctor]

Double taxation of corporate taxes exists in the US but it's not the case in every country. For example in Australia you get a personal tax credit for any corporate taxes that you pay.

This is the reason why a lot of people choose an LLC in the US.

[kanwisher]

S corps don't have double taxation either. Small companies where you would get tax credit shouldn't really pay much in corporate taxes since all the money goes to the owners at end of each year.