“Apple said in a filing on Tuesday that it will incur a one-time income tax charge of about $10 billion in its fourth fiscal quarter ending Sept. 28, 2024.”
The European Commission ordered Ireland to collect 13 billion euros from Apple in 2016. Ireland appealed alongside Apple against collecting its own back taxes, and the EU’s top court overruled them both on Tuesday. Apple says the case was only ever about which government gets paid. Ireland calls it historical while the money moves out of escrow and into its treasury.