Apple Paid Almost 5% of U.S. Corporate Taxes Last Year -- WSJ
Dow Jones2026/11/03 21:00By Richard Rubin
$19 billion
That's roughly how much Apple paid the U.S. government in corporate taxes during its latest fiscal year, accounting for nearly 5% of all U.S. corporate tax collections.
The company's Form 10-K, filed Tuesday, was its first since new accounting rules required companies to disclose their cash tax payments by major jurisdiction. Apple's fiscal year, like the U.S. government's, ends in late September. The U.S. collected $381 billion in corporate taxes in the year that ended Sept. 30, in a 16% decline driven in part by investment incentives in the 2025 tax law.
Other large companies disclosed their calendar year 2025 U.S. corporate tax payments earlier this year; Nvidia's $16.8 billion topped that list.
In addition to the $19.011 billion Apple paid the U.S., the company also paid $5 billion to Ireland, $3.3 billion to Singapore and $1.7 billion to U.S. state and local governments, according to its filing. On an accounting basis, Apple's tax rate was 17%, up slightly from the prior year.
This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).
(END) Dow Jones Newswires
November 03, 2026 16:00 ET (21:00 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Amid opposition to data centers, Musk doubles down: SpaceX (SPCX.US) plans to build a $24 billion computing center and gas power plant in Texas.
According to a public hearing notice published on the Starbase website, SpaceX plans to build, own, and operate a gas-fired power plant and a supercomputing facility at its company town in Starbase, Texas.
BUZZ - Rocket Lab’s stock falls as quarterly loss exceeds expectations
BUZZ-Take-Two shares rise after raising annual revenue and profit forecasts