How do corporations avoid double taxation?

[aa2202]

Can somebody please tell me the ways that some corporations avoid paying their corporate level tax.

[altwebdesign]

This is a good question!
My business knowledge isnt too good in this area, what is double taxation? being taxed twice? and whats the current corporate tax level?

[aa2202]

You get taxed at a corporate level and your personal income. I believe the current corporate tax rate is 8.85% in california. Anybody else know how some corporations avoid double taxation? I know that it's a big controversy and just wanted to know how some corporations do it.

[socalturbo]

change the corporation into a S-corp. i'm assuming your company is a C-corp that's why you get double taxation..