Article 346 Directive 2006/112/EC
Exemption from VAT
Title XII · Special schemes › Chapter 5 · Special scheme for investment gold › Section 2 · Exemption from VAT
Open in the compendium1 case ↓
Text of Article 346
Member States shall exempt from VAT the supply, the intra-Community acquisition and the importation of investment gold, including investment gold represented by certificates for allocated or unallocated gold or traded on gold accounts and including, in particular, gold loans and swaps, involving a right of ownership or claim in respect of investment gold, as well as transactions concerning investment gold involving futures and forward contracts leading to a transfer of right of ownership or claim in respect of investment gold.
Consolidated version on EUR-Lex (CELEX 02006L0112-20250414). © European Union. Only the Official Journal is authentic.
Case law on Article 346: 1 case
Judgments, orders and Advocate General opinions of the Court of Justice and the General Court that cite Article 346 of Directive 2006/112/EC, most recent first.
- C-154/17 E LATS Opinion · 10 April 2018 · Latvia
VAT Committee guidelines on Article 346: 3
Not binding. Positions agreed in the VAT Committee set up under Article 398 of Directive 2006/112/EC and published by the Commission.
- Meeting 060 · 2000-03-20-21 · document 4.5 Article 26b(B)* – exemptions – with or without right of deduction – which type of exemption prevails
- Meeting 057 · 1998-12-16-17 · document 8.1 [2a] Article 26b(B), first paragraph* – special scheme – investment gold – place of supply – services not covered
- Meeting 057 · 1998-12-16-17 · document 8.1 [2b] Article 26b(B)* – special scheme – certificates for allocated or unallocated gold – release from obligations – conditions