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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?

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The artwork is then given to a museum as a charitable donation for a tax write-off, or so the story goes.

Even if this were true (and it's not), that is not tax evasion.

It's tax avoidance. The difference between the two is one is legal and the other is not.

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