👉 Untaxed is a legal term in many countries, which refers to a situation where an individual or entity has not paid any taxes on their income. In other words, it means that they have not been taxed at all. For example, if a person earns $10,000 per year but does not pay any taxes, then they would be considered untaxed. However, if the person pays taxes, they are required to report and pay them back to the government.