Apple saved $2.7 billion in taxes by reporting up to $50 billion in profits through its Singapore unit, writes the Financial Times. The city-state has become the tech giant's biggest tax haven, ahead of Ireland, where its European headquarters are located, according to figures published in its annual report.

Apple saved $2.7 billion in taxes by reporting up to $50 billion in profits through its Singapore unit, writes the Financial Times. The city-state has become the tech giant's biggest tax haven, ahead of Ireland, where its European headquarters are located, according to figures published in its annual report.