Jorge Marichal steps down from ASHOTEL and CEHAT because of tax fraud
The president of the Spanish Confederation of Hotels and Tourist Accommodation (CEHAT), and the Hotel Association of Santa Cruz de Tenerife (ASHOTEL), Jorge Marichal, has announced this morning that he is stepping down from the two associations and will make his position available to others after being sentenced to two years in prison for tax fraud.
The sentence has been announced by Spanish newspaper El Día who also say he has been ordered to pay a fine of 585,896 euros, and is not allowed to obtain subsidies or public aid, and foregoes the right to enjoy tax incentives or Social Security benefits. In addition, Marichal has to compensate the Tax Agency with 292,948 euros plus late payment interest for civil liability.
Speaking to Televisión Canaria, Marichal says has been surprised by the publication of the ruling of the Provincial Court of Santa Cruz de Tenerife, and has announced that he will make his positions available to associates. He also said that he has paid the fine already.
This sentence comes from Criminal Court number 8 of Santa Cruz de Tenerife, which in 2019 convicted Jorge Marichal for defrauding 292,947.86 euros together with his partner in Marmon Atlantis SL, Juan Antonio Moncada, in a real estate transaction by not declaring the Corporation Tax for the sale of nine apartments to Clínica San Eugenio SL in the south of Tenerife.
The majority shareholder of Clínica San Eugenio SL is Jorge Marichal's father, and the Tax Agency noticed that it was for a deal between these two companies, for which Marmon Atlantis SL avoided paying the Treasury the said amount of 292,948 euros.
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Marichal and Moncada, who acted as joint administrators of Marmon Atlantis SL, did not present any annual accounts to the Hacienda "for several years", didn’t file a Corporate Tax return from 2006 to 2020, nor did they ‘adequately keep any registered accounts.’
According to the ruling, Marmon Atlantis SL was the vehicle used to channel the sale of the apartments without paying taxes for the operation. There is still one case pending an appeal before the Constitutional Court, which does not suspend the execution of this sentence.