First, C corps are NOT pass through entities. S corps are. Partnerships are. LLC's are. But C corps are not. Nevada corps can be set up as S Corps. One can establish a Nevada LLC.
Second, avoiding the ignominious fate about which you speak, you must look deeper into Warbucks/Red, Inc. Strategy. I am sorry, but it is just too voluminous to explain it all here.
Third, you avoid IRS recharacterization by treating every entity you create as a seperate entity. These entities must deal with each other at arms length, just as they would deal with an outsider. Interest must be paid. contracts must be signed. Free market terms must be negotiated.
Fourth, "income shifting" perhaps, but if you so arrange your affairs between entities that you control at arms length, rather than creating a sham, it will not challenged. If it does, there is a good chance (no guaranties of course) that you will prevail. This King says "go for it" remembering the three-word tax course: DON'T GET AUDITIED.

The King