English
Adjective
undertaxed (comparative more undertaxed, superlative most undertaxed)
- Taxed at less than an appropriate level
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2007 September 15, Elisabeth Malkin, “Mexico Enacts a Tax-Overhaul Bill”, in New York Times:- “Mexico is an undertaxed country, not an overtaxed country,” said Damian Fraser, the head of Latin America research at UBS Securities in Mexico City.