Developing IQVIA’s positions on key trends in the pharma and life sciences industries, with a focus on EMEA.
Learn moreDeveloping IQVIA’s positions on key trends in the pharma and life sciences industries, with a focus on EMEA.
Learn moreDeveloping IQVIA’s positions on key trends in the pharma and life sciences industries, with a focus on EMEA.
Learn moreDeveloping IQVIA’s positions on key trends in the pharma and life sciences industries, with a focus on EMEA.
Learn more"We strive to help improve outcomes and create a healthier, more sustainable world for people everywhere.
LEARN MOREReimagine clinical development by intelligently connecting data, technology, and analytics to optimize your trials. The result? Faster decision making and reduced risk so you can deliver life-changing therapies faster.
Research & Development OverviewGenerate and disseminate evidence that answers crucial clinical, regulatory and commercial questions, enabling you to drive smarter decisions and meet your stakeholder needs with confidence.
REAL WORLD EVIDENCE OVERVIEWElevate commercial models with precision and speed using AI-driven analytics and technology that illuminate hidden insights in data.
COMMERCIALIZATION OVERVIEWOrchestrate your success across the complete compliance lifecycle with best-in-class services and solutions for safety, regulatory, quality and medical information.
COMPLIANCE OVERVIEWWhen your destination is a healthier world, making intelligent connections between data, technology, and services is your roadmap.
TECHNOLOGIES OVERVIEWExplore our library of insights, thought leadership, and the latest topics & trends in healthcare.
DISCOVER INSIGHTSAn in-depth exploration of the global healthcare ecosystem with timely research, insightful analysis, and scientific expertise.
SEE LATEST REPORTSBy making intelligent connections between your needs, our capabilities, and the healthcare ecosystem, we can help you be more agile, accelerate results, and improve patient outcomes.
LEARN MOREArtificial intelligence is accelerating opportunities. Realizing the benefits for healthcare requires the right expertise. Together, we can solve the problems of today, and drive the breakthroughs of tomorrow.
LEARN MOREThe IQVIA Human Data Science Cloud is our unique capability designed to enable healthcare-grade analytics, tools, and data management solutions to deliver fit-for-purpose global data at scale.
LEARN MOREThe IQVIA Innovation Hub connects start-ups with the extensive IQVIA network of assets, resources, clients, and partners. Together, we can help lead the future of healthcare with the extensive IQVIA network of assets, resources, clients, and partners.
LEARN MOREIQVIA Decentralized Trials deliver purpose-built clinical services and technologies that engage the right patients wherever they are. Our hybrid and fully virtual solutions have been used more than any others.
LEARN MOREIQVIA enables genomic research via global access to a network of genomic-clinical data, proprietary technologies that enable federated analytics, and therapeutic area & bioinformatics expertise to help you answer your most pressing research questions.
LEARN MOREOur mission is to accelerate innovation for a healthier world. Together, we can solve customer challenges and improve patient lives.
LEARN MORECareers, culture and everything in between. Find out what’s going on right here, right now.
LEARN MORE"Improving human health requires brave thinkers who are willing to explore new ideas and build on successes. Unleash your potential with us.
SEARCH JOBSThis document sets out IQVIA’s approach to taxation in accordance with UK legislation as set out in Schedule 19 Part 2 Finance Act 2016.
IQVIA shares the vision to drive healthcare forward by being committed to providing solutions that enable healthcare companies to innovate with confidence and maximize opportunities. We do this via breakthroughs in insights, technology, analytics and human intelligence that bring the advances in data science together with the possibilities of human science.
IQVIA’s fundamental values of honesty, integrity and ethical conduct form the core of everything we do and are the foundations for our approach to taxation in the UK and globally. To fulfill the new requirements under UK law, and to support transparency of our approach to taxation, this document sets out:
IQVIA is committed to responsible tax management and transparency across our global operations.
We have established and maintain robust policies, systems and compliance processes to ensure the integrity of our tax filings, together with timely and accurate tax payments in the UK and all of the territories we operate within. This includes ensuring that our tax and finance professionals have the necessary training and external support to manage our tax position appropriately and carry out tax compliance with a suitable level of diligence and technical expertise.
We maintain documented tax policies and procedures in relation to key processes such as transfer pricing and these are reviewed annually to be up to date with local and international tax regulations. Business tax processes are subject to the same level of robust internal controls, Code of Conduct, internal audit, Sarbanes-Oxley 404 requirements and external audit as is the rest of the IQVIA business. Our tax function, which is part of the broader finance function, work closely with our businesses and finance teams to ensure employees adhere to these policies around the world.
Our tax function is led by our global VP Tax, reporting to the CFO of IQVIA, and together they lead the setting and maintaining of our tax policies and approach to taxation. Our approach to taxation is reviewed periodically in light of changes to the general business environment, our business operations and tax laws and regulations. The CFO and VP Tax report regularly to the Audit Committee of the Board of Directors.
Substantive business transactions and commercial activity including mergers and acquisitions, divestments and inter-company transactions determine our approach to tax planning and consequent tax liabilities.
We access government sponsored tax incentives where appropriate and in line with our business activities (e.g. R&D tax credits).
We apply the principles endorsed by the Organisation for Economic Co-operation and Development (OECD) and other national tax legislation to undertake our inter-company transactions on an ‘arm’s length’ basis, supported with economic analysis and reports.
We seek to develop and maintain a professional working relationship with HMRC and taxing authorities around the world. We are open and transparent about our tax affairs and significant transactions and we work cooperatively to resolve issues in a positive and professional manner.
We ensure that there is access to relevant information demonstrating the integrity of our tax processes, returns and payments.
Our processes, policies and governance operate to ensure compliance with tax laws and regulations in the territories where we operate and are designed to identify and mitigate tax risks. Where our business and commercial activities give rise to complexity or uncertainty, we will seek external professional advice to help reduce any associated tax risk. In the event that applicable tax laws and regulations are subject to interpretation, we seek appropriate assurance from external professionals regarding the position taken and if appropriate enter into advanced pricing agreements (APA) or mutual agreement procedures (MAP) with governments.
We require all employees to comply with relevant and applicable laws and regulations and behave in accordance with IQVIA’s Code of Conduct, Doing the Right Thing.