That's patently wrong. Corporation-level double taxation only applies in the extremely rare instances where the US does not have an income tax treaty with the other country.
We have tax treaties with all nations worth doing business with. Nobody is going to pay China's corporate income tax then U.S. income tax again at the corporate level for a 45-60% bill before it even gets to the shareholders.
We have tax treaties with all nations worth doing business with. Nobody is going to pay China's corporate income tax then U.S. income tax again at the corporate level for a 45-60% bill before it even gets to the shareholders.