Apple saves $2.7bn in taxes by booking profits in Singapore — Daily Fintech News, November 7, 2026

Markets · FT

1.Apple saves $2.7bn in taxes by booking profits in Singapore

Apple has routed profits through Singapore, which has overtaken Ireland as the iPhone maker's biggest tax shelter, trimming an estimated $2.7 billion from its tax bill according to newly surfaced disclosures on its overseas structure.