Long Term Capital Gain?

[Sherill]

One brother bought out another bro in the family business. Bro was paid $143K for his stock from the Accounts Receivable. Is this a full var-l capital gain??
No verification of this transaction is written on paper???

[rosieea]

It probably is long-term capital gain for the seller. Is this a Corporation? If so, the bro didn't buy anything. The Corp did. i.e., Treasury Stock.