On the basis of analyses of their defects and consideration of the reality of China, this thesis represents a viewpoint on the double system of ownership, that is, the ultimate ownership of the rural land of the state and the primary ownership of the community-and-farmer.

Because of trust s Unique"double ownership" legal structure, namely, the separation of trustproperty into legal title and equitable title, the coexistence ofform-transferring and substantive-transferring in trust process, whichviolate the principle of "an object, an ownership" and its elasticity, whenit applies to our present tax law, it faces dual difficult position——taxavoiding and double taxed.

The proposition of "Rebuilding Personal Ownership" is always the focus at home and abroad.

Not until the socialist society in which there are no classes,remarked by Marx,can all the workers without class difference in the world be united as social individuals to realize social individual ownership,that is,to reconstruct individual ownership.