Legal basis: According to Article 2 of the Provisional Regulations on Value-added Tax in People's Republic of China (PRC), the tax rate of value-added tax is: (1) Unless otherwise stipulated in Items 2, 4 and 5 of this article, the tax rate of taxpayers selling goods, services, tangible movable property leasing services or imported goods is 17%. (2) Taxpayers sell transportation, postal services, basic telecommunications, construction and real estate leasing services, sell real estate, transfer land use rights, and sell or import the following goods at the tax rate of 1 1%: 1. Agricultural products such as grain, edible vegetable oil and edible salt; 2 residents tap water, heating, air conditioning, hot water, gas, liquefied petroleum gas, natural gas, dimethyl ether, biogas, coal products; 3 books, newspapers, magazines, audio-visual products and electronic publications; 4. Feeds, fertilizers, pesticides, agricultural machinery and plastic films; 5. Other goods specified by the State Council. Article 2 of the Provisional Regulations on Urban Maintenance and Construction Tax in People's Republic of China (PRC) stipulates that all units and individuals who pay consumption tax, value-added tax and business tax are taxpayers of urban maintenance and construction tax (hereinafter referred to as taxpayers) and shall pay urban maintenance and construction tax in accordance with the provisions of this Ordinance. Article 2 of the Provisional Regulations on Land Value-added Tax in People's Republic of China (PRC) stipulates that units and individuals who transfer the right to use state-owned land and buildings and their attachments on the ground (hereinafter referred to as real estate transfer) and obtain income are taxpayers of land value-added tax (hereinafter referred to as taxpayers) and shall pay land value-added tax in accordance with these regulations. Article 1 of the Stamp Tax Law of People's Republic of China (PRC) stipulates that units and individuals who subscribe for taxable vouchers and conduct securities transactions in People's Republic of China (PRC) are taxpayers of stamp duty and shall pay stamp duty in accordance with the provisions of this Law. Units and individuals that collect taxable vouchers for domestic use outside People's Republic of China (PRC) and within China shall pay stamp duty in accordance with the provisions of this Law.