Opinion of the Court by MR. JUSTICE MURPHY, announced by MR. JUSTICE RUTLEDGE.
The problem of the federal income tax consequences of intra-family assignments of income is brought into focus again by this case.
The stipulated facts concern the taxable years 1937 to 1941, inclusive, and may be summarized as follows:
The respondent taxpayer was an inventor-patentee and the president of the Sunnen Products Company, a corporation engaged in the manufacture...
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