Minimize? Belittle?
To say that the Grand Canyon is nice is to understate its grandeur.
overstate
Disguise, belie, overstate, understate, conceal, misstate, falsify, exaggerate, con, etc. For more you could just type in "misrepresent" into Dictionary.com and click on the Thesaurus tab. Hope this helped. :)
overstate, magnify
Overstate, exaggerate.
Unethical and illegal.
yes
Depreciate, minimize or understate.
understate, mute, tone down, subdue
To understate means to present something as less important, less severe, or to a lesser degree than it actually is. It involves downplaying or minimizing the significance or impact of something.
Simply to avoid taxes
Military goods, underground economy and my as*hole