The collection targets are enterprises and institutions, urban and rural self-employed individuals and employees with sales income. The flood control fund of individual industrial and commercial households in our district is collected by the district industrial and commercial bureau and turned over to the district finance.
Flood control fund = tax payable or amount × 1‰
Price adjustment fund = tax payable or quantity ×2‰
Enterprise income tax = = taxable amount or quantity ×2‰
The sum of the three funds is equal to 0.5% of your invoice.
Flood control funds are generally collected by local taxes, and the main body of the enterprise declares and pays, and the local taxes are declared and paid at the same time.