AAPL · 10-Q · 2026Q1 · Full report

Deemed Repatriation Tax Payable

Apple Inc. · 2026-05-01 · Importance 77 · Surprise 82 · In source text

During the first six months of 2026, Apple paid the remaining $8.8 billion balance of the deemed repatriation tax payable imposed by the U.S. Tax Cuts and Jobs Act of 2017. The $8.8 billion cash outflow was settled in the first half of fiscal 2026, removing the prior remaining repatriation tax liability. This payment represents a completed, material tax cash settlement affecting the Company’s cash flows in the period. No remaining balance is indicated for this specific deemed repatriation tax payable after the payment.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
cashnegativerealized-2.4%During the first six months of 2026, the Company paid the remaining $8.8 billion balance of the deemed repatriation tax payable imposed by…
liabilitynegativerealized-2.4%During the first six months of 2026, the Company paid the remaining $8.8 billion balance of the deemed repatriation tax payable imposed by…