收益

Gains from the alienation of any property other than those as mentioned in Paragraphs 1 through 3 shall be taxable only in the party of which the alienator is a resident.

四、转让一个公司财产股份的股票取得的收益，该公司的财产又主要直接或者间接由位于一方的不动产所组成，可以在该一方征税。

Gains from the alienation of any property other than those as mentioned in Paragraphs 1 through 3 shall be taxable only in the contracting state of which the alienator is a resident.

四、转让第一款至第三款所述财产以外的其它财产取得的收益，应仅在转让者为其居民的缔约国征税。

Gains from the alienation of any property other than that referred to in the foregoing paragraphs, shall be taxable only in the contracting state of which the alienator is a resident.

六、转让上述各款所述财产以外的其它财产取得的收益，应仅在转让者为其居民的缔约国征税。

The gains derived from the alienation of the properties other than those stated in Paragraph 1 through Paragraph 5 may only be taxed in the contracting state of which the alienator is a resident.

六、转让第一款至第五款所述财产以外的其他财产取得的收益，应仅在转让者为其居民的缔约国征税。

Exchange fee, tax policy and negotiation method have important effect on acquisitions price. So, control premium also originates from the different view on price between consignee and alienator.

转让方一般更注重公司的现有资产价值，构成了定价的下限；收购方则更关心通过收购可以在未来带来多少收益，而并不在意资产的具体形成的投入，构成定价的下限。

The result states that corporate stock acquisition is more marketing than national stock acquisition. In the acquisitions, the different view between consignee and alienator makes the difference on valuation base. Commodity price theory tells us that alienators sell commodity for the value, while consignee buy commodity for the using value.

从国有股和法人股的分组情况来看，国有股收购价格同每股净资产的相关性更为明显，而法人股同收益指标的相关性较为明显，证明法人股收购的市场化程度高于国有股收购。

However, there exist some paradoxes in decision making logic, such as the Allais paradox and exchange paradox in expected utility theory, backward induction paradox and Gaifmann-Koons paradox originated from Newcomb problem in interactions, the famous Arrow voting paradox in group decision-making.

决策逻辑是社会科学的基础，然而在决策逻辑中存在悖论：不确定的概然决策中的期望收益理论面临阿莱斯悖论和"交换悖论"；互动决策中存在演绎性的逆向归纳法悖论，以及存在由纽柯姆难题改造而来的盖夫曼—孔斯悖论；群体决策中存在著名的阿罗悖论，等等。

The merchant who says:"Montpellier not active, Marseilles fine quality," the broker on 'change who says:"Assets at end of current month," the gambler who says:"Tiers et tout, refait de pique," the sheriff of the Norman Isles who says: The holder in fee reverting to his landed estate cannot claim the fruits of that estate during the hereditary seizure of the real estate by the mortgagor," the playwright who says:"The piece was hissed," the comedian who says:"I've made a hit," the philosopher who says:"Phenomenal triplicity," the huntsman who says:"Voileci allais, Voileci fuyant," the phrenologist who says:"Amativeness, combativeness, secretiveness," the infantry soldier who says:"My shooting-iron," the cavalry-man who says:"My turkey-cock," the fencing-master who says:"Tierce, quarte, break,"the printer who says:"My shooting-stick and galley,--all, printer, fencing-master, cavalry dragoon, infantry-man, phrenologist, huntsman, philosopher, comedian, playwright, sheriff, gambler, stock-broker, and merchant, speak slang.

商人说"蒙培利埃可发售"，"优质马赛"；兑换商说"延期交割，本月底的手续贴补费"；玩纸牌的人说"通行无阻，黑桃完啦"；诺曼底群岛的法庭执达吏说"在租户有禁令的地段，在宣布对拒绝者的不动产有继承权时，不能从这地段要求收益"；闹剧作家说"喝了倒彩"；喜剧作家说"我垮了"；哲学家说"三重性"；猎人说"红野禽，食用野禽"；骨相家说"友善，好战，热中于秘密"；步兵说"我的黑管"；骑兵说"我的小火鸡"；剑术师说"三度，四度，冲刺"；印刷工人说"加铅条"；所有这些印刷工人、剑术师、骑兵、步兵、骨相家、猎人、哲学家、喜剧作家，闹剧作家、法庭执达吏、玩纸牌的人、兑换商、商人，全是在说黑话。

Second, this research analyzed Chinese tobacco leaf and cigarette production, consumption and international trade, and focused to analyze the cost and revenue of tobacco leaf production, concentration ratio of cigarette market, marketing structure, marketing performance, accretion process in every value chain link ,and the profits allocation of each market body.

然后描述和分析了中国的烟叶和卷烟生产、消费、国际贸易情况，对中国烟叶生产成本收益、卷烟市场集中度、市场结构、市场绩效、价值链各个环节增值过程和各市场主体的利益分配进行重点分析，最后从烟草产业各个环节相互协调的角度提出了整体的发展战略和政策建议。

In some combination of parameters, the value of CO2 emission reduction credit offsets the PV capital cost, although the shared allocation of economic profits yielded by the CDM project between the two countries greatly mitigates the restraints on the project, while at the same time qualifying it for the CDM.

但是，通过CDM项目，可以极大地减小太阳能发电的导入壁垒，CO2的减排收益也可弥补太阳能发电的投资费用，使项目双方都获得相应的利益。

I didn't watch TV last night, because it .

昨晚我没有看电视，因为电视机坏了。

Since this year, in a lot of villages of Beijing, TV of elevator liquid crystal was removed.

今年以来，在北京的很多小区里，电梯液晶电视被撤了下来。