5 ms·Don’t they already pay double tax since the companies they own also pay taxes?by bilsbie 4y agoDon’t they already pay double tax since the companies they own also pay taxes?voisin 4y agoNo. Any taxes paid by a subsidiary would be a credit to the holding company’s taxes owing in one form or another (even if a deferred credit) depending on the legal structure.bilsbie 4y agoInteresting. Can you point me towards some further reading on that?