AAPL · 10-Q · 2026Q2 · Full report

Deemed Repatriation Tax Payable

Apple Inc. · 2026-07-31 · Importance 58 · Surprise 42 · In source text

During the first nine months of fiscal 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 payment removed the outstanding deemed repatriation liability during the first nine months of 2026 and affected the company’s contractual cash requirements disclosures. The $8.8 billion amount is a material, completed cash outflow in fiscal 2026 and is disclosed alongside other purchase obligations and manufacturing commitments. The filing indicates this payment occurred within the first nine months of fiscal 2026 (period ended June 27, 2026).

Key facts

Impact estimates

metricdirectionstageexpectedbasis
cashnegativerealized-2.3%Deemed repatriation tax payable: During the first nine months of 2026, the Company paid the remaining $8.8 billion balance.
liabilitypositiverealized+2.3%Deemed repatriation tax payable: During the first nine months of 2026, the Company paid the remaining $8.8 billion balance.