Apple is planning to move its international iTunes operations to Ireland in early February, AppleInsider reports. Apple announced to developers this week that Apple Distribution International will be transferring the iTunes business — which includes the iTunes Store, Apple Music, App Store, and iBooks Store for over 100 countries — to Cork, Ireland on Feb.
5. Apple’s overseas iTunes operations have been based in Luxembourg since 2004.
Apple has been working to streamline the transition for content owners since last fall, transferring contracts to the new Irish holding company, and making arrangements for special exporter status in Ireland, which — among other things — means apps made by developers in Ireland will be free or Irish VAT. The transfer is estimated to involve approximately $9 billion in assets, and are no doubt connected to many of the other business projects that Apple has been building within Ireland over the past year.
