The Estate Tax is a tax on your right to transfer property at your death. New York State's estate tax is calculated using the tax table provided on Form ET706.There are multiple versions of Form ET-706. California does not have a state estate tax, but residents are still subject to the federal tax. Estate taxes have always been a hot-button issue. William Oakland, professor emeritus from Tulane University, suggested that business taxes should recoup the cost of providing public services to businesses. Use tax software you purchase, go to an online tax preparation website, or have a tax preparer file your return. (You can file both federal and State. The tax is due upon sale or transfer of an interest of real property and is payable at the time of recordation with the Alameda County Recorder. Federal estate taxes are also known as ____ taxes. transfer.