Article 1 
By way of derogation from Article 285 of Directive 2006/112/EC, the Italian Republic is authorised, with respect to tax periods falling between 1 January 2008 and 31 December 2010, to exempt from VAT taxable persons whose annual turnover is no higher than EUR 30 000. This scheme is optional for taxable persons.
Article 2 
The Italian Republic may raise that ceiling in order to maintain the value of the exemption in real terms.
Article 3 
This Decision shall expire on the date of entry into force of Community rules establishing a common annual turnover threshold below which taxable persons may be exempt from VAT, but on 31 December 2010 at the latest.
Article 4 
This Decision is addressed to the Italian Republic.