According to the Notice of State Taxation Administration of The People's Republic of China, Ministry of Finance on Exemption of Urban Maintenance and Construction Tax and Additional Education Fee from National Major Water Conservancy Project Construction Fund (Cai Shui [2010] No.44):
Approved by the State Council, in order to support the construction of major national water conservancy projects, the construction fund of major national water conservancy projects is exempted from urban maintenance and construction tax and education surcharge. ?