DCT v Pedley – DPN liability stands – no basis to say that company payments should have been applied company debts for which director was personally liable
The Full Federal Court has dismissed an appeal against a decision confirming an ATO application for summary judgment in respect of a director penalty notice (DPN) liability of almost $160,000. There is an important lesson to be learnt here about whether the company should pay (rather than the director pay the DPN amount) and if…