From apportionment reforms and expanded sales tax bases to court decisions reshaping property tax assessments and procedural rights, taxpayers faced a year of change. Sales and Use Tax DevelopmentsFlorida Repeals Commercial Lease Sales TaxFlorida HB 7031 eliminated the state’s sales tax on commercial real property leases, effective Oct. 1, 2025. For more on how the new regulation impacts tenants, see our prior GT Alert here. Property Tax DevelopmentsCalifornia Supreme Court: Olympic & Georgia PartnersIn August 2025, the California Supreme Court issued Olympic & Georgia Partners, LLC v. County of Los Angeles, a decision concerning intangible assets in property tax assessments. California Fire ReliefFollowing the devastating Palisades, Eaton, and other fires in January 2025, multiple property tax relief mechanisms became available to affected property owners.