According to the company's financial statements, Apple plans to reduce tax payments by approximately $2.7 billion in 2026 by accounting for profits in Singapore. As reported by the Financial Times, the company can route up to $50 billion in profit through structures in this state.
Comparison of tax rates and profits
The standard corporate tax rate in Singapore is 17%, but Apple benefits from additional incentives. Between 2023 and 2025, the company's effective rate in this country was approximately 10%.
Tax calculations for 2026
Employee efficiency
Analysts note abnormally high profit per employee in Apple's Singaporean units. This figure significantly exceeds global averages and results in other regions where the company operates.
Profit per employee (pre-tax)
- Singapore — $9
- Ireland — $6
- World (average) — $1
Financial Times
For comparison: in 2024, Apple's two main structures in Singapore generated approximately $9 million in profit per employee, while in Ireland this figure was $6 million. On average worldwide in 2025, this parameter did not exceed $1 million.
