Legal analysis: All enterprises, institutions and individual operators with sales income and operating income shall levy local water conservancy construction funds at 0.6‰ of their sales income or operating income in the previous year. Among them, banks (including credit cooperatives) are levied at 0.4‰ of the interest income of the previous year, and insurance companies are levied at 0.4‰ of the premium income of the previous year; All kinds of trust and investment companies, finance companies and other non-bank financial institutions are levied at 0.6‰ of the business income of the previous year. The local tax authorities at all levels are responsible for the specific collection work.

Legal basis: Measures for the Administration of Raising and Using Water Conservancy Construction Funds issued by the Ministry of Finance, the National Development and Reform Commission and the Ministry of Water Resources Article 7 The revenue and expenditure of water conservancy construction funds shall be included in the budget management of government funds, which shall be used exclusively, and the year-end balance shall be carried forward to the next year. Water administrative departments at all levels shall, according to the water conservancy construction plan, prepare the annual expenditure budget of the water conservancy construction fund, which shall be included in the government fund budget after being audited by the financial department at the same level. The financial department shall allocate funds according to the approved budget of the water conservancy construction fund and the actual collection and storage of the fund. Among them, the water conservancy construction fund for fixed assets investment projects should be included in the fixed assets investment plan. The water administrative departments at all levels shall, according to the implementation of the annual water conservancy construction fund budget, prepare the final accounts of the water conservancy construction fund and report them to the finance department at the same level for review.