Absolutely. According to official website, China Taxation Bureau, general taxpayers need to pay the water conservancy fund to the competent tax authorities in accordance with the tax law and relevant regulations. Taxpayers are divided into general taxpayers and small-scale taxpayers, and their collection standards are different according to different tax regulations. The general taxpayer shall pay the water conservancy fund quarterly or semi-annually according to the tax rate stipulated by the competent tax authorities; Small-scale taxpayers pay 0.5% to 2% of the turnover to the water conservancy fund.