He can't, if he buys it as company expense then it's not your property.

But yeah same is true for income tax, my country has a really high wage income tax at top bracket (close to 50% with health&benefits) that kicks in really fast, but profit income tax caps at 20% because people would just take profits out of the country if it was higher. so a lot of people work around it by invoicing their salary as self owned company pay min wage and take the rest as profit.

It makes some sense because wages come with a lot of benefits guaranteed by labor law while self employed people take a lot of risks but in general I see progressive taxes as a bad idea inviting scams. It's better to tax consumption of luxury goods at higher rate and/or use more tax revenue to fund social services mainly poorer people use.

That is absolutely true. The reason why it's not discussed on the same level is the scale.

The profit out of salary (for most people) is just not big enough to justify an accountant to optimize.

There is a lot to be said about replacing income tax with a pure consumption tax (it is one possible financial model for the universal basic income).

Company cars are a benefit in kind and are taxed in the US

> I mean, I can evade income tax to a certain extent by making my boss buy me a nice car, computer, bicycle etc.

Most systems tax these at a higher rate. See e.g. https://en.wikipedia.org/wiki/Fringe_benefits_tax_(Australia...

Income tax is more like a tax on revenue, not a tax on profit. And your boss would have to pay taxes on gifts, so while you might not have to pay for it, the government is still getting its due.

It really depends on the tax jurisdiction. In some jurisdictions, those perk are taxable benefits.

Private use of corporate assets is considered income-equivalent for tax purposes.