
Singapore becomes Apple's main tax hub, displacing Ireland
According to Financial Times, Apple reduced its tax burden by $2.7 billion by routing profits through its Singaporean hub.

According to Financial Times, Apple reduced its tax burden by $2.7 billion by routing profits through its Singaporean hub.

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Mayor Oleksandr Vilkul reported a Russian drone attack on northern Kryvyi Rih. No casualties, infrastructure damaged.

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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.
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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