The FT called the “largest tax haven” Apple

Apple saved $2.7 billion in taxes by channeling profits to Singapore, the Financial Times writes, citing data published along with the company's annual report.

In 2026, the company recorded a profit of up to $50 billion through its Asian hub.

Previously, the main tax haven of Apple was considered Ireland, where the European headquarters of the company is located. However, new figures show that savings in Singapore ($2.7 billion) now exceed those received through the Irish structure ($2.6 billion).

“While Apple’s reliance on Ireland was exposed more than a decade ago, the scale of savings in Singapore is a crucial revelation,” said Zorka Milin, co-director of the Fact Coalition.

Apple’s total tax payments this year were $27 billion. If the company paid a standard U.S. federal tax of 21 percent on all its global profits, the bills would total $33 billion.

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