neuronic parent
This is all a great way of describing why art works as a money laundering or tax evasion scheme.
Can you elaborate further on the tax evasion part? The money laundering part I can see since the value of art is subjective and volatile, but how does what OP said explain how art can be used for tax evasion?
The artwork is then given to a museum as a charitable donation for a tax write-off, or so the story goes.