# Council Directive 2006/112/EC of 28 November 2006 on the common system of value added tax, Article 349

Extent: E+W+S+N.I.

1. Member States may allow taxable persons who, in the course of their economic activity, normally supply gold for industrial purposes, the right to opt for the taxation of supplies of gold bars or wafers, as referred to in point (1) of Article 344(1), to another taxable person, which would otherwise be exempt pursuant to Article 346.
2. Member States may restrict the scope of the option provided for in paragraph 1.

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Source: https://www.legislation.gov.uk/eudr/2006/112/article/349 (the official version)
Page: https://openlegislation.uk/eu-directive-2006-112/article-349
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.