Apple Shifts Profits to Singapore, Saves $2.7 Billion in Taxes This Year
Apple shifted approximately $50 billion in profits through Singapore in 2026, saving $2.7 billion in taxes—more than the $2.6 billion saved via Ireland. The company paid a total of $27 billion in taxes this year; it would have paid $33 billion if its global profits had been taxed at the U.S. federal rate. Previously, an Irish tax case required Apple to pay an additional $17 billion to Ireland in 2025.
Apple Shifts Profits Through Singapore to Save $2.7 Billion in Taxes This Year
Apple shifted approximately $50 billion in profits through Singapore in 2026, saving $2.7 billion in taxes—more than the $2.6 billion it saved by routing them through Ireland.
Apple paid a total of $27 billion in taxes this year. If its global profits had been taxed at the U.S. federal rate, the amount would have been $33 billion. Previously, a tax case in Ireland required the company to pay an additional $17 billion to Ireland in 2025.
Source: AppleInsider
