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V0635-25 8 April 2025 · SG de Tributos Criterion in force
OTRO · declaración informativa

Financial institutions report accounts and balances through annual information statement

The DGT confirms that financial institutions are required to report account openings and balances annually via Form 196.

The question raised

The content of the inquiry is structured around the following question:

The DGT's ruling

The obligation to report on accounts held in credit institutions and their balances is regulated by Form 196 and is established on an annual basis. The filing period for said informative declaration is between January 1 and January 31 of the year following the one to which it refers. Notwithstanding, entities must comply with any individualized information requests that the Tax Administration may issue.

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