There is no uniform regulation on whether to pay value-added tax for equity transfer after the reform of the camp, because the holding subject and object of equity transfer (shares) are complicated. In practice, generally, non-listed companies have not publicly issued shares, and their shares are not securities, and the equity transfer of non-listed companies is not within the scope of VAT taxation; Value-added tax shall be levied on the transfer of shares of listed companies according to the tax items of financial commodity transfer. In addition, individuals engaged in the transfer of financial commodities are exempt from value-added tax. In addition, in the equity transfer, the real estate of the transferred enterprise has not been transferred, and value-added tax is not paid. Legal provisions: Article 2 of the Provisional Regulations on Real Estate Tax in People's Republic of China (PRC) shall be paid by the property owner. Property rights belong to the whole people, paid by the management unit. Property rights are paid by the mortgagee. If the owner or mortgagee of the property is not in the location of the property, or the property right is not determined and the rent dispute is not resolved, it shall be paid by the property custodian or user. The property owners, business management units, mortgagees, real estate custodians or users listed in the preceding paragraph are collectively referred to as taxpayers (hereinafter referred to as taxpayers). Provisional Regulations of People's Republic of China (PRC) Municipality on Property Tax Article 1 Property tax shall be levied in cities, counties, towns and industrial and mining areas. Article 5 of the Provisional Regulations of People's Republic of China (PRC) on Property Tax: 1 Property occupied by state organs, people's organizations and the army; Two, by the state finance department allocated funds for the unit occupied real estate; Three, religious temples, parks, places of interest for their own use; 4. Non-operating real estate owned by individuals; Five, other real estate tax exemption approved by the Ministry of Finance. Article 3 of the Provisional Regulations on Real Estate Tax in People's Republic of China (PRC) shall be calculated and paid according to the residual value after deducting 10% to 30% from the original value of the property. The specific scope of relief shall be stipulated by the people's governments of provinces, autonomous regions and municipalities directly under the Central Government. If there is no original value of real estate as the basis, it shall be verified by the tax authorities where the real estate is located with reference to similar real estate. If the real estate is leased, the rental income of the real estate shall be the tax basis of the property tax.