On 12 October 2012, a Draft Decree concerning the restriction of interest deductibility for participations ("restriction") was presented to Parliament. The most important aspects of the Decree, which is expected to be effective from 1 January 2013, are summarized below. (a) Definition of reorganization The restriction will not apply to reorganizations, which article 2 of the Decree defines as the situation where: -   the assets owned by a group company change due to the acquisition of shares belonging to another group company; -   shares are acquired due to a share merger by group companies; and -   assets...