Nope you are mixing things up. Money laundering is when you are 'faking income from one source to cover up income from another source' only if your 'another source' is an illegal activity, and you want to hide that you are doing the illegal activity. So it is not to avoid taxes. It is to avoid being connected with illegal activity. Let's say you sell drugs. That is illegal. You profit from it well. Now you want to buy a house. You need to cover where your money is from so you set up a hotdog shop. From now on you're going to claim enough revenue from selling hotdogs to cover your expenses. While in reality the hotdog shop doesn't sell as many hot dogs. You still have to pay taxes on the revenue from the hotdogs you claimed to sell. That is money laundering. It has nothing to do with avoiding taxes. In fact you will actually be working toward being able to pay taxes when money laundering.

I hope you understand it know and we can let it go . As this thread is not about money laundering.