Usually means: Paying less tax than required.
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We found 9 dictionaries that define the word undertaxed:

General (9 matching dictionaries)
  1. undertaxed: Collins English Dictionary
  2. undertaxed: Wordnik
  3. undertaxed: Wiktionary
  4. Undertaxed: Dictionary.com
  5. Undertaxed: Online Plain Text English Dictionary
  6. undertaxed: Webster's Revised Unabridged, 1913 Edition
  7. Undertaxed: AllWords.com Multi-Lingual Dictionary
  8. undertaxed: FreeDictionary.org
  9. Undertaxed: TheFreeDictionary.com

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Definitions from Wiktionary (undertaxed)

▸ adjective:  Taxed at less than an appropriate level

Similar:
untaxed, untaxable, undercompensated, nonexempt, underpenalized, underpoliced, sin-taxed, underregulated, underpriced, underrecompensed, more...

Opposite:
overtaxed, heavily taxed, burdened with taxes

▸ Words similar to undertaxed

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Similar:
untaxed, untaxable, undercompensated, nonexempt, underpenalized, underpoliced, sin-taxed, underregulated, underpriced, underrecompensed, more...

Opposite:
overtaxed, heavily taxed, burdened with taxes



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