# Julio Martínez Authorizes Tax Review of Firm Linked to Zapatero Payments

Businessman allows bank account access while former Prime Minister Zapatero resists tax inspection efforts.

- **Source:** [20minutos](https://www.20minutos.es)
- **Published:** 2026-11-08
- **Topic:** [politics](https://brifing.si/c/politics)
- **Original article:** <https://www.20minutos.es/nacional/julio-martinez-autoriza-hacienda-revisar-las-cuentas-empresa-que-pago-390-000-euros-zapatero_7058669_0.html>
- **On Brifing:** https://brifing.si/s/cc0c2fd3-4d54-4a0a-8296-21188bfde1a5

## Financial Transparency Cooperation

Businessman Julio Martínez has formally authorized the Spanish Tax Agency to review the bank accounts of his consultancy, Análisis Relevante. This decision follows ongoing scrutiny regarding payments totaling 390,000 euros made to former Prime Minister José Luis Rodríguez Zapatero between 2021 and 2024. Martínez signed this consent during a September 29 appearance.

## Judicial Inspection Suspension

Judge José Luis Calama recently ordered a temporary halt to tax inspections targeting Zapatero, his family, and Martínez. The court granted this suspension after the former Prime Minister argued that ongoing tax inquiries interfere with his legal defense in the Plus Ultra case. The tax agency requested this pause due to missing documentation.

## Document Access Constraints

Despite his cooperation, Martínez failed to provide specific records requested by tax inspectors. He claims a material impossibility, as the necessary files remain inside computers seized by the court during the investigation. Judge Calama previously denied a request to return these devices on March 31, leaving the records currently inaccessible to the businessman.

## Consultancy Financial Profile

Análisis Relevante began operations in February 2020 and lacks employees, physical assets, or vehicles. The firm is not registered under any specific economic activity tax category. Despite this, the company reported total revenues of 704,488 euros from four clients between 2021 and 2024, raising questions about its actual business model and operational capacity.

## Payment Distribution Analysis

Payments to Zapatero and his daughters account for 567,870 euros, representing 81 percent of the company's total declared income over four years. Specifically, the firm paid 177,870 euros to Whathefav, a society owned by the former Prime Minister's daughters. These figures are now central to the ongoing tax agency review of the firm.

## Plus Ultra Revenue Link

The airline Plus Ultra emerged as a significant client, contributing 18,150 euros in 2021, 79,860 in 2023, and 87,120 in 2024. By 2025, the airline provided an additional 79,860 euros. In 2024, Plus Ultra was the consultancy's sole declared client, yet the firm paid 138,560 euros to the family of the former Prime Minister.

## Personal Tax Scrutiny

Tax authorities are also investigating Martínez personally, demanding justification for his failure to file income tax returns for 2021, 2022, and 2023. In his 2025 filing, he reported a capital gain of 286,000 euros and requested a payment deferral. Inspectors are currently questioning how he funded his daily living expenses and personal maintenance costs.

## Broader Corporate Network

The Tax Agency identified that Martínez controls a network of 39 different companies. Investigators are probing specific financial movements, including a 70,000 euro personal loan received from Agropecuaria Lucena in 2023. Furthermore, authorities are examining a bank account held in the United Kingdom as part of the broader effort to clarify his financial activities.

## Sources covering this story

- https://www.20minutos.es/nacional/julio-martinez-autoriza-hacienda-revisar-las-cuentas-empresa-que-pago-390-000-euros-zapatero_7058669_0.html — 

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_Summary written by Brifing from the original reporting. Copyright in the original article belongs to its publisher; read the full piece at the link above._
