ALERT: Canada’s Underused Housing Tax Penalty Deadline has been extended a second time

The Canada Revenue Agency has extended the effective deadline again for filing and payment for the 2022 Underused Housing Tax (“UHT”) returns until April 30, 2024. Penalties and interest will be waived as long as the return is filed and payment is made before May 1, 2024. This coincides with the deadline for the 2023 UHT return.