
Article 1 
By way of derogation from Article 285 of Directive 2006/112/EC, Italy is authorised to exempt from VAT taxable persons whose annual turnover is no higher than EUR 65 000.
Italy may increase that threshold in order to maintain the value of the exemption in real terms.
Article 2 
This Decision shall take effect on the day of its notification.
This Decision shall apply until the entry into force of a directive amending Articles 281 to 294 of Directive 2006/112/EC on a special scheme for small enterprises, or until 31 December 2019, whichever is the earlier.
Article 3 
This Decision is addressed to the Italian Republic.