In early 2025, offshore oil potential was identified in the Walton-Morant Basin, located south of the island.
—
Richard Fowler,
Forbes.com,
18 June 2025
In separate letters to each company on Tuesday, the lawmakers allege that the pharmaceutical companies all avoided paying U.S. tax bills by shifting their profits to offshore subsidiaries in jurisdictions with much lower tax rates, such as Ireland and Bermuda.
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