Accounting treatment of water conservancy construction fund
(1) When withdrawing money:
Borrow: taxes and surcharges
Loan: Taxes payable-local water conservancy construction fund
(2) After payment:
Borrow: taxes payable-local water conservancy construction fund
Loans: bank deposits
Taxes and surcharges: After the value-added tax is completely changed from business tax, the subject of "business tax and surcharges" is adjusted to "taxes and surcharges", accounting for consumption tax, urban maintenance and construction tax, resource tax, education surcharge, property tax, land use tax, vehicle and vessel use tax, stamp duty and other related taxes and fees incurred in the business activities of enterprises.
What is the water conservancy construction fund?
Water conservancy construction fund is a government fund specially used for water conservancy construction. It consists of central water conservancy construction fund and local water conservancy construction fund. The central water conservancy construction fund is mainly used for the maintenance and construction of major river key projects related to the overall situation of national economic and social development. Local water conservancy construction funds are mainly used for urban flood control and the management, maintenance and construction of small and medium-sized rivers and lakes. The management expenses of major water conservancy construction projects across river basins and provinces (autonomous regions and municipalities directly under the Central Government) and key protection projects of transnational rivers and border rivers in China shall be borne by the central and local governments.
Provisions on preferential policies for water conservancy construction funds
The scope of exemption from education surcharge, local education surcharge and water conservancy construction fund will be expanded from the current payment unit with monthly sales or turnover not exceeding 30,000 yuan (quarterly sales or turnover not exceeding 90,000 yuan) to the payment unit with monthly sales or turnover not exceeding 654.38+10,000 yuan (quarterly sales or turnover not exceeding 300,000 yuan). )
Policy basis: Notice of State Taxation Administration of The People's Republic of China of the Ministry of Finance on Expanding the Exemption Scope of Relevant Government Funds (Caishui [2065 438+06] 12).