Turns out Garmin Ltd is headquartered in the Cayman Islands:
http://www8.garmin.com/aboutGarmin/i.../10-K_2007.pdf

Does this mean they're avoiding corporate taxes in the US?
--
The crimes of the U.S. throughout the world have been systematic,
constant, clinical, remorseless, and fully documented but nobody cares
to talk about them.
~ Harold Pinter