996's (well, most Porsches starting with the 87 944 and 964 "911") run what are called "late offset" wheels.. So they have an offset (ET) of 50+mm
Before then are the "early offset" wheels.. They have Offsets (ET's) of 10-36mm
Most folks running GT flares run 7" front, 8" rear 911/930 wheels, so the ET's are about 23 and 10.5 respectively.
If you run a Porsche 9x15 or 16, then the ET is about 15mm
Depending on ride height, tire size, camber, spring/torsion bar stiffness, you may be able to squeeze the wheels in that you are mentioning.
Most wheels that large (width and offset) will require large spacers/adaptors to fit. Depending on vehicle use (racing? show car?) you may be adding stresses where they are not desired.
Here's a popular Porsche wheel fitment chart, ideally for 911 users, but it shows hub/offset relationships and how the wheels could fit on your 914.
As a comparison, non-flared 914's can fit the 6x15 w/o issue and many will fit a 7x15 with some light massaging
Click to view attachment