Allstate Life Insurance v. Commonwealth

OPINION BY

Judge COHN JUBELIRER.

Allstate Life Insurance (Allstate) petitions this Court for review of a November 19, 1996 order (Resettlement Order) by the Board of Finance and Revenue (Board),1 which established a tax credit to offset against Allstate’s 1993 Gross Premiums and Annuity Considerations Tax (Annuity Considerations Tax)2 liability. The *912tax credit is determined in accordance with Article XVII of the Insurance Company Law of 1921 (Guaranty Act).3 Allstate contests the Board’s disallowance of tax credit with respect to its 1992 assessments by the Pennsylvania Life and Health…