True, though small companies can be held as LLCs or taxed as SCorporations if they have less than 100 investors, and they wouldn't pay corporate taxes anyway. A

True, though small companies can be held as LLCs or taxed as SCorporations if they have less than 100 investors, and they wouldn't pay corporate taxes anyway. At that point taxes on gains trickle to the owners/partners and are taxed at personal tax rates. C-Corporations pay taxes twice (Corporate taxes, then taxes on distributions as salaries or dividends).