Classification of estate taxpayers
Like succession in civil law, estate tax requires the death of a person. Corporations do not die in this sense. Hence, only individuals are liable to pay estate tax; they are resident citizens, non‐resident citizens, resident aliens and non-resident aliens.
Domestic and foreign corporations are subject only to donor's tax and not to estate tax because it is not capable of death but is capable of donating its property.
Domestic and foreign corporations are subject only to donor's tax and not to estate tax because it is not capable of death but is capable of donating its property.