Water conservancy construction fund is a government fund specially used for water conservancy construction. Water conservancy construction fund should be in accordance with the sales revenue of 0. 1% cash withdrawal payment. 20 12 Hunan province cross 0. 06% withdrawal and payment.
The water conservancy construction fund that should be paid by units and individuals engaged in production and operation shall be collected by local tax authorities on a monthly or quarterly basis according to the tax payment period of value-added tax and business tax. The payer shall pay 0.5% of the production and operation income. 6‰, from the date of expiration 15 days to the local tax authorities where the institution is located to declare and pay the water conservancy construction fund. Among them, the provincial electric power company and its subordinate unified accounting unit pay in the location of its head office; Taxpayers' income from construction and installation services, transfer and lease of land use rights, and sale and lease of real estate in this province shall report and pay to the local tax authorities where the construction and installation services occur, where the land is located and where the real estate is located within the prescribed time limit. If the tax payment has not been declared for more than 6 months from the date when it should be declared, the local tax authorities where the institution is located shall make up for it.