undertaxed

English

Etymology

under- +‎ taxed

Adjective

undertaxed (comparative more undertaxed, superlative most undertaxed)

1. Taxed at less than an appropriate level
   • 2007 September 15, Elisabeth Malkin, “Mexico Enacts a Tax-Overhaul Bill”, in New York Times‎^[1]:

     “Mexico is an undertaxed country, not an overtaxed country,” said Damian Fraser, the head of Latin America research at UBS Securities in Mexico City.