不动产信托

In England, they compartmentalize the different sources of affiance, real property income, tax-free income, add-ons welfare, director monetary reward, pension income, and capital margin complicatedly and quite meticulously.

英国对信托、不动产收入、免税所得、附加福利、董事酬金、退休金收入、资本利润等不同来源都有较复杂、较细致的划分，计算应税所得计量更准确，而我国无明确的划分与计量。

L Self-managed superannuation funds or the other entity must hold an eligible interest in real property which can be a freehold or leasehold interest in real property or an assignable or transferable interest in Crown land that is not an interest held as a beneficiary of a trust estate, and

l 自我管理养老金基金或者其他整体在不动产上必须拥有一个合适的利息，而这是一个不动产所有权利息或者是不动产利息或者是一个在国家土地上可受让或可转让的利息，不是一种信托财产收益人的利息

During the first phase, the conflict of law rules, scattering in the precedent cases of courts, appear rather complicated with the application of different choice of law rules to inter vivos trusts and testamentary trusts, trusts of movables and trusts of immovables, and the validity of trusts and the administration of trusts.

在前一阶段，法律适用规则分散在法院的判例之中，而且要区分生前信托和遗嘱信托、动产信托和不动产信托，信托的有效性事项和信托的管理事项等等，法律适用规则显得纷繁复杂。

First, China's real estate trust products and REITS in the nature of different products.

首先，中国的房地产信托产品与不动产投资的性质，不同的产品。

If the Product extends for REIT REITS products, their development path will need to overcome the product design and the legal system obstacles.

如果产品延伸不动产投资信托的信托产品，其发展道路将需要克服的产品设计和法律制度的障碍。

Investment tool type of urban built environment transforms along with the social progress and the policy renews. Urban Renewal Act bulletined on 1998,,lead in Land Trust, Property Rights Exchange System、Transfer of Floor Area.Act51,52 show that real estate securitization system,This kind of system similar with that Development oriented real estate securitization is on amendment, but there are no case at present .

摘要 都市建成环境之投资工具类型随著社会进步与政策更新而转变，1998年颁布之都市更新条例导入土地信托、权利变换、容积移转等，其中第51、52条亦为首度在法令上出现不动产证券化执行制度，此种方式类似於目前正在修法中之开发型不动产证券化制度，但至目前为止尚无个案出现。

That is the reason that trust law, trust enterprise act, and the legislation of real-estate trust pass.

托业务的发展及信托法、信托业法及不动产信托条例之通过。

However, the real-estate trust is the trend of future.

如果不符合，则应暂时停止承做此项业务，惟不动产信托是未来的潮流趋势，故如何弥补缺失、改善既有劣势情况，以做为此项业务的因应方针，该是C银行的当务之急。

According to the development of commercial bank's real-estate trust in Taiwan, the research investigates that the process how bank C evaluates through internal environment to realize the advantages and weakness itself in order to broaden the internal advantages or improve the weakness itself to draft the competition strategy.

本研究是以台湾地区商业银行不动产信托发展演变，来探究个案C银行在资讯瞬息万变、竞争激烈产业间，如何经由内部环境评估，了解本身的优、劣势后，扩大本身内部的优势或改善本身的劣势来拟定竞争策略。

Trust to provide real estate mortgage loans, and direct acquisition of real estate property trusts, hybrid trusts were both of.

信托提供房地产按揭贷款，并直接购买不动产信托，混合信托两种。

But we don't care about Battlegrounds.

但我们并不在乎沙场中的显露。

Ah! don't mention it, the butcher's shop is a horror.

啊！不用提了。提到肉，真是糟透了。