The tax basis of special income of water conservancy construction fund is the income excluding value-added tax.

Special income of water conservancy construction fund = income excluding value-added tax * water conservancy fund collection rate.

The accounting treatment for withdrawal is as follows:

Debit: taxes and surcharges,

Loan: taxes payable-water conservancy fund.

When paying, the accounting treatment is,

Borrow: taxes payable-water conservancy fund,

Loan: bank deposit.