Are Property Transfer Taxes applicable? Michael Stephenson July 16, 2018 19:57 Updated Follow No, you do not need to pay any property transfer tax on the purchase or sale of shares of the property. Related articles Are there any implications with the Canada Revenue Agency (CRA)? Does IMBY charge me any fees? What happens if there is an insurance claim? Who is behind this? What is an Exempt Investor? Comments 0 comments Article is closed for comments.