Apple has saved $2.7 billion in taxes in 2026 thanks to funneling its finances through Singapore, better than its usual move involving Ireland.
As a massive multinational, Apple knows a thing or two about taxation and how to minimize its exposure to it. However, while Ireland has been seen as one of its main destinations to cut how much tax it pays, it did even better by using a different territory.
In an annual Apple disclosure in line with U.S. reporting rules, the Financial Times says Apple took advantage of the tax incentives in Singapore to a great effect. It funneled about $50 billion in profits through the Asian hub in 2026 alone.
The move helped cut $2.7 billion that would’ve been paid out in tax, and instead stays within Apple’s accounts.
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