Singapore Saved Apple $2.7 Billion in Taxes This Year
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Apple paid more income tax in Ireland than in Singapore in fiscal 2026, but it saved more in Singapore.
Apple's annual report shows that the company paid $4.96 billion in cash income taxes in Ireland and $3.25 billion in Singapore. Against the 21% U.S. federal corporate tax rate, Singapore lowered Apple's tax expense by $2.67 billion, about $100 million more than Ireland did.
Singapore's lower tax rate and incentives would have saved Apple $5.49 billion before other taxes and adjustmen
Apple's annual report shows that the company paid $4.96 billion in cash income taxes in Ireland and $3.25 billion in Singapore. Against the 21% U.S. federal corporate tax rate, Singapore lowered Apple's tax expense by $2.67 billion, about $100 million more than Ireland did.
Singapore's lower tax rate and incentives would have saved Apple $5.49 billion before other taxes and adjustmen
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