Apple's free cash flow could surge under new IRS rules

Apple's free cash flow could surge under new IRS rules

AppleInsider

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A new U.S. tax law could give Apple a multibillion-dollar lift in free cash flow, with the effects possibly starting soon.

The extra cash may give Apple more room

The One Big Beautiful Bill Act restores full bonus depreciation and immediate R&D expensing for U.S.-based companies. These changes allow Apple to accelerate deductions it previously deferred, mainly from domestic research.

In an investor note seen by AppleInsider, Morgan Stanley estimates Apple could gain $12.2 billion in free cash flow in fiscal 2026. Over four years, the total benefit may top $20 billion.Continue Reading on AppleInsider | Discuss on our Forums

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