Freebase (0.00 / 0 votes) Rate this definition: Xiao. The xiao is a Chinese vertical end-blown flute. It is generally made of dark brown bamboo. It is also sometimes called dÃ²ngxiÄo, dÃ²ng meaning hole. An ancient name for the xiÄo is shÃ¹zhÃºdÃ­ but the name xiÄo in ancient times also included the side-blown bamboo flute, dizi. The xiÄo is a very ancient Chinese instrument usually thought to have developed from a simple end-blown flute used by the Qiang people of Southwest China in ancient period.
Best Answer: Sales OR Sales Revenue = (Sales Price)*No of products sold. in specific time period. Turnover = How many times a company's products sold in a. specific time(usually a year). It can be how many times a. product is sold in a specific store in a year(in this case.
A turnover tax is similar to VAT, with the difference that it taxes intermediate and possibly capital goods.It is an indirect tax, typically on an ad valorem basis, applicable to a production process or stage. For example, when manufacturing activity is completed, a tax may be charged on some companies.n the Republic of Ireland, turnover tax was introduced in 1963, and followed by wholesale tax in 1966. Both were replaced in 1972 by VAT, in preparation for Ireland's accession to the European Communities, which prohibited turnover tax and wholesale tax.