Frequently asked questions about form 196 (fiscal year 2026 and subsequent years)

All types of accounts, both bank and non-bank, must be reported, including current accounts, savings accounts, time deposits, credit accounts, payment accounts and any other accounts regardless of their type or name, even if there is no remuneration, withholding or payment on account.

The type of accounts is defined in key L8 of Annex I of Order HAC747/2025, of June 27 (BOE of July 15).

The declarations from January to November report the following:

• The complete identification of the accounts.
• The identifying data of its owners, including the beneficial owners, as well as representatives, authorized persons, beneficiaries or any other persons with powers of disposal.

The types of declared are set out in key L3 of Annex I of Order HAC747/2025, of June 27 (BOE of July 15).

In each reporting period, all accounts held with the entity must be included: This includes those opened during the period, those opened in previous periods that remain open, and those cancelled during the period.

The December statement reports:

• The complete identification of the accounts.

• The identifying data of its owners, including the beneficial owners, as well as representatives, authorized persons, beneficiaries or any other persons with powers of disposal.

• Balances as of December 31 and the average balance corresponding to the last quarter of the year.

• Total amounts of charges and credits for the year.

• The returns and withholdings associated with the declared accounts.

• The address for communication purposes of the declarant.

• In their case, the indicator of presumed abandonment.