I am currently a member of a CC with a 25% share. My brother who also holds 25%, but has had no active involvement in the cc for many years would like to give / sell his shares to me.
What would be the most effective way of going this?
Does the cc pay him out, thus reducing the value of the cc but increasing the remaining members % share?
Should I pay him out in my private capacity?

Most importantly, what are the tax implications for us and the cc?

Kindest regards
Frank