{
  "id": 18123625,
  "title": "The ‘OECD effect’ hits Apple’s accounts: its effective tax rate climbs to 17%",
  "url": "https://urgent.news/2026/11/04/el-efecto-ocde-golpea-las-cuentas-de-apple-su-tasa-impositiva",
  "topic": "business",
  "section": "Business",
  "published": "2026-11-04T13:12:07.000Z",
  "source": {
    "name": "Expansion ES",
    "slug": "expansion-es",
    "url": "https://www.expansion.com/fiscal/2026/11/04/efecto-ocde-golpea-cuentas-apple-tasa-impositiva-efectiva-escala-17.html"
  },
  "original_language": "es",
  "account": "Apple Inc.'s effective tax rate rose to 17.0% in the fiscal year ending September 26, 2026, up from 15.6% the previous year. The increase is primarily due to a higher effective tax rate on foreign earnings, resulting from global tax reforms led by the Organisation for Economic Co-operation and Development (OECD). Apple paid an additional $2.51 billion in taxes in Singapore, which alone added 1.6 percentage points to its global tax rate. The company's total tax provision surged to $27.062 billion, up $6.343 billion from 2025. Despite the increase, Apple's financial performance remained strong.",
  "summary": "Hidden in the fine print of its latest annual report to the SEC, the tech giant admits to a rise in its effective tax rate to 17%. The international crackdown on tech companies' tax avoidance is already showing in their accounts.",
  "key_points": [
    "Apple's effective tax rate increased to 17% due to OECD's Pillar Two agreement.",
    "Singapore subsidiary incurred $2.510 billion tax provision, contributing 1.6 percentage points.",
    "U.S. Treasury guidelines and currency fluctuations also impacted Apple's global tax rate."
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}