Shift in the tech giant's tax strategy
Apple has gained significant financial benefits by leveraging Singapore's tax advantages. According to Financial Times, the corporation saved $2.7 billion through this scheme. Ireland, where the company's European headquarters is located, was previously considered Apple's primary tax haven.
Financial metrics and the role of the Asian hub
In 2026, Apple recorded profits of up to $50 billion through its Asian hub. According to the company's latest financial report, the savings in Singapore, which amounted to $2.7 billion, now exceed the figure obtained through the Irish structure. For comparison, tax savings via Ireland stood at $2.6 billion.
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