Reply of the State Administration of Taxation on Issues Concerning Deed Tax in the Merger of Public Institutions

This document clarifies that the transfer of real estate property rights during the merger of two public institutions under the Shenzhen Municipal Personnel Bureau constitutes an administrative adjustment and allocation of state-owned assets, and therefore no deed tax is levied on the newly established institution. The document has been fully annulled by Announcement No. 25 of 2021 of the State Administration of Taxation.