Apple saved $2.7 billion in taxes in 2026 by routing profits through Singapore, surpassing its Ireland-based tax strategy. According to a *Financial Times* report citing U.S. disclosure rules, Apple funneled $50 billion in profits through the Asian hub, leveraging local incentives. The savings exceeded the $2.6 billion achieved via Ireland in the same period.
Apple paid $27 billion in global taxes, but would have owed $33 billion at U.S. federal rates without such strategies. The company has faced scrutiny before, including a $14 billion EU ruling over illegal state aid in Ireland, leading to a $17 billion payment in 2025 and total liabilities of $43 billion.
Source: AppleInsider · Summarized by HeadlinesBriefing