Parexel is a group headquartered in the U.S. whose ultimate parent entity is Parexel International Corporation. The Group has a Spanish subsidiary, Parexel International S.L.U.
Pursuant to Section One.4 of the Eleventh Additional Provision of Law 22/2015, of 20 July, on Audit of Accounts (the “Audit Law”)1, Parexel International S.L.U. is required to publish and make accessible a report on the corporate income tax at the consolidated level of Parexel Group in respect of the fiscal year ended December 31st, 2025, given that:
- Parexel International S.L.U. does not qualify as a small entity in accordance with the thresholds set out in Article 3 of the Audit Law; and
- Parexel International Corporation, the Group’s ultimate parent entity, is not subject to the law of a Member State of the European Union, and the net amount of the Group’s consolidated annual turnover, at the end of the fiscal year, exceeded EUR 750,000,000 in each of the two most recent consecutive fiscal years, as evidenced by its consolidated financial statements.
In order to comply with this obligation within the timeframe established by Spanish legislation, Parexel International S.L.U. requested from Parexel International Corporation the information necessary to prepare and make accessible the Group’s Public Country-by-Country Report, with all the information required by the European Directive and its transposition into Spanish legislation.
As of the date of preparation of this report, Parexel International Corporation’s group information is not yet available. Consequently, in accordance with Section One.4 of the Eleventh Additional Provision of the Audit Law, Parexel International S.L.U has prepared this report solely with the information available to it, namely, the information relating to the Spanish entities of the group.
Report on Corporate Income Tax
(Public Country-by-Country Report)
for the fiscal year ended 31 December 2025
Parexel International Corporation
Section 1 – General Information
| Name of the ultimate parent of the group | Parexel International Corporation |
| Country where the ultimate parent has its registered office | United States of America |
| Country Code | US |
| Financial Year – start date | 1 January 2025 |
| Financial Year – end date | 31 December 2025 |
| Reporting currency | Euro2 |
| Is the information in the report based on reporting instructions used for tax purposes, pursuant to Section III, Parts B and C, of Annex III to Directive 2011/16/EU (yes/no)? | Yes |
Section 2 – Summary of country-by-country information (EUR)
| Tax jurisdiction | Country code | Revenues | Profit (loss) before Income Tax | Income Tax paid - on cash basis | Income Tax accrued - current year | Accumulated earnings | Number of employees |
| Spain | ES | 41,580,081.54 | 1,884,891.22 | 370,908.74 | 1,864,819.61 | 442,309.39 | 383 |
Section 3 – List of subsidiaries and activities
| Member State or tax jurisdiction | Country code | Name of each subsidiary in the Member State or tax jurisdiction | Nature of the activities in the Member State or tax jurisdiction |
| Spain | ES | Parexel International S.L.U. | Research and Development |
Section 4 – Omitted information
Omitted information (if any) for this fiscal year:
Omitted information in prior fiscal years, reported in this fiscal year (if any):
- This Law transposed into Spanish legislation Directive (EU) 2021/2101 of 24 November 2021, which amends Directive 2013/34/EU as regards the disclosure of corporate income tax information by certain undertakings and branches.
- Amounts are reported in Euros for being the currency used by Parexel International SLU to formulate and publish its annual financial statements