Apple is reported to have saved billions in taxes in fiscal 2026 by booking a larger share of its profits in Singapore, according to new disclosures highlighted by the Financial Times.
Across the outlets, the figures point to Singapore becoming a bigger tax shelter than Ireland. MacRumors says Apple paid $3.25 billion in cash income taxes in Singapore and $4.96 billion in Ireland in fiscal 2026, estimating that Singapore’s lower tax expense against the U.S. 21% federal rate translated into about $2.67 billion in savings, with incentives increasing the initial savings before other taxes. It also notes Singapore introduced a top-up tax that reduced the net benefit.
The reporting also provides context for why comparisons are limited. Apple’s annual reporting began disclosing these country-by-country figures under new U.S. rules starting with fiscal 2026; earlier years were combined for foreign subsidiaries. Separately, AppleInsider and 9to5Mac frame the story around the overall magnitude of tax savings and reference profit shifting through Singapore, with the Financial Times estimating up to about $50 billion in pretax profits booked there in 2026. The outlets otherwise converge on Singapore overtaking Ireland as Apple’s largest tax shelter based on the newer disclosures.
