It's double taxation.

There were some efforts in the past few years to rectify this situation, but
some party has nullified that effort.

Guess who.

"Robert M. Gary" wrote in message
...
On Apr 25, 2:25 pm, Bob Fry wrote:
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?

Why? Do you feel they owe you some? Garmin makes a lot of money
outside the US. Why should they send money they make in Europe to the
US?

-Robert