That 30-40% is pulled from an earlier comment on the thread. I'm not actually a professional money launderer, nor do I rely on their services, so I cannot give

That 30-40% is pulled from an earlier comment on the thread. I'm not actually a professional money launderer, nor do I rely on their services, so I cannot give factual current rates. But to clarify, I meant the 30-40% as a total cost, i.e. I put in 100 dirty dollars and take out 60 clean. You are correct that an income tax would then apply. If instead I kept the 100 as cash, I could spend the 100, and not pay any income tax. Staying all cash probably works at the 100 level. Becomes dicey at the 100K level.