Legal basis: Article 2 of the Deed Tax Law of People's Republic of China (PRC) The transfer of ownership of land and houses mentioned in this Law refers to the following acts: (1) the transfer of land use rights; (two) the transfer of land use rights, including sale, gift and exchange; (three) the sale, gift and exchange of houses. The transfer of land use right mentioned in item 2 of the preceding paragraph does not include the transfer of land contractual management right and land management right. Where the ownership of land and houses is transferred by means of capital contribution (shares), debt repayment, transfer or reward, deed tax shall be levied in accordance with the provisions of this Law.