24-hour deadline will be taxing for taxpayers and taxman

KRA headquarters, Times Tower Building, Nairobi. [File, Standard]

Oftentimes when we think about the cost of tax compliance, we rely on tax rates and tax bases as the only determining factors.

However, these are not the only parameters of taxation that can be used to measure a country's cost of compliance, since they do not always tell the full story. One other key consideration that should determine the cost of a tax system is the attendant cost of enforcing/implementing tax policies.