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Apple saved $2.7 billion in taxes by routing profits to Singapore, filings show

Apple reduced its tax bill by $2.7 billion in 2026 by booking up to $50 billion in profits through Singapore, making the city-state its largest offshore tax shelter over Ireland.

Black Apple logo and the word Apple against a white background.
Image: @BullTheoryio

Apple reduced its tax bill by $2.7 billion this year after routing up to $50 billion in profits through Singapore, according to company filings reported by the Financial Times.[1][2][3][4][5]

The savings generated through the Singapore arrangement surpassed the $2.6 billion in tax reductions Apple achieved through Ireland. As a result of the shifted profits, the Southeast Asian city-state has overtaken Ireland as the iPhone maker's biggest offshore tax shelter.[1][2][3][5]

Key facts

  • Apple saved $2.7 billion in taxes in 2026 by routing up to $50 billion in profits through Singapore, according to disclosures reported by the Financial Times.
  • Singapore's tax savings for Apple exceeded the $2.6 billion saved via Ireland.
  • Singapore has surpassed Ireland to become Apple's largest offshore tax shelter.

Sources · 5 sources

  1. TE

    Techmeme@TechmemePost on X ·

    Filings: Apple saved $2.7B in taxes this year by routing up to $50B in profits through Singapore, exceeding the $2.6B in tax savings it achieved via Ireland (Financial Times) (Visit Techmeme dot com for the link and full context!)

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  2. TE

    TechmemeArticle ·

    Filings: Apple saved $2.7B in taxes this year by routing up to $50B in profits through Singapore, exceeding the $2.6B in tax savings it achieved via Ireland (Financial Times) Financial Times : Filings: Apple saved $2.7B in taxes this year by routing up to $50B in profits through Singapore, exceeding the $2.6B in tax savings it achieved via Ireland — City-state overtakes Ireland as iPhone maker's biggest tax shelter according to new disclosures — Apple shaved $2.7bn off …

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  3. BT

    Bull Theory@BullTheoryioPost on X ·

    BREAKING: Apple reportedly saved $2.7 Billion in taxes in 2026 by shifting profits to Singapore. Singapore has now overtaken Ireland as Apple's largest offshore tax shelter, according to the Financial Times. https://t.co/TiUTToYRzT

    Open source
  4. FT

    Financial Times@FTPost on X ·

    Apple saves $2.7bn in taxes by booking profits in Singapore https://t.co/gSUvfTUbbF

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  5. CO

    Cointelegraph@CointelegraphPost on X ·

    🇸🇬 JUST IN: Apple saved $2.7 billion in taxes in 2026 by shifting profits to Singapore, surpassing Ireland as its largest offshore tax shelter, according to the Financial Times. https://t.co/gCdYDajG3S

    Open source