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Is value-added tax levied on property replacement?

According to relevant information, it is not necessary. Property companies have to pay value-added tax when collecting property fees. Property management belongs to life service. According to the Notice of the Ministry of Finance of State Taxation Administration of The People's Republic of China on Comprehensively Pushing Forward the Pilot Work of Changing Business Tax to VAT (Caishui (20 1 6) No.36): Annex1Implementation Measures of the Pilot Work of Changing Business Tax to VAT, property management belongs to the daily service of residents, and the sales of taxable services in1February reached 5 million yuan (including 5 million yuan) or more. If it does not reach 5 million yuan, the value-added tax shall be paid at the rate of 3%.