Money laundering and tax relationship

This study aims to evaluate money laundering methods from a tax perspective. Nationally and internationally, money laundering has recently become a frequently encountered issue. In the literature, income obtained through illegal means is referred to as "black money," while the activity of giving such income a legal appearance is defined as money laundering. Money laundering first emerged in the United States with the attempts of mafia leader Al Capone to launder illegal income through his laundry business. This case illustrates the process of integrating illegally obtained income into the financial system with a legitimate appearance. The methods used in money laundering enable avoidance of certain tax burdens, while at the same time creating other tax obligations. In this study, the money laundering methods explained by MASAK are analyzed through case examples, and the tax-related consequences of these methods are examined. Keywords: Black Money, Illegally Obtained Income, Money Laundering, Tax Dimension, Turkish Tax Legislation