Tenn. Tax Board Cuts JC Penney Property Value By $34.9M

By Daniel Tay · August 12, 2021, 7:05 PM EDT

A Tennessee J.C. Penney store was overvalued by a county board of equalization, the state Board of Equalization said, reducing the store's value by $34.9 million over four years.

The board...

To view the full article, register now.