The typical feature of Chinese property rights is incomplete property rights and informal property rights, which seriously affect the effectiveness of property rights. Transformation of Chinese property rights must point to effective property rights. Abolition of informal property rights which damage the interests of the main body of property rights and achievement of the integrity of property rights is the key to transformation of Chinese property rights. Tax plays an extremely important role in the process of constructing of effective property right system, so it is necessary to construct a set of tax system to confirm property rights and protect property rights.