1 Keep in mind that some states also impose their own state inheritance or estate taxes. California, however, has no state inheritance or estate tax.  The ability to give away more at death without paying federal estate tax may make some of you more comfortable with the idea of making larger gifts during your lifetime.
Freebase(0.00 / 0 votes)Rate this definition: Piazza. A piazza is a city square in Italy, Malta, along the Dalmatian coast and in surrounding regions. The term is roughly equivalent to the Spanish plaza. In Ethiopia, it is used to refer to a part of a city.
Biblioteca Nazionale Marciana: A Treasure Trove of Ancient Manuscripts. The main public square of the Italian city of Venice is the Piazza San Marco (St. Markâs Square). Around this square are some of the most recognizable buildings in Venice.