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.
plaza. noun plaÂ·za \Ëpla-zÉ, Ëplae-\. ËplÃ¤. : tweet an open public area that is usually near city buildings and that often has trees and bushes and places to, sit, walk and. : shop an area on or next to a highway having, restaurants gas, stations, restrooms. etc. a: a public square in a city or town b: an open area usually located near urban buildings and often featuring walkways, trees and shrubs, places to sit, and sometimes shops. 2. : a place on a thoroughfare (as a turnpike) at which all traffic must temporarily stop (as to pay tolls).