The tax implications of Scottish independence or further devolution

On 18 September 2014, voters in Scotland will decide whether Scotland should become an independent nation. This report addresses a series of questions regarding the tax implications of Scottish independence or further devolution on the basis of an extensive interdisciplinary literature review covering both academic and professional publications and interviews with 19 experts. The tax implications relating to the wide range of possibilities associated with Scottish independence or further devolution are far reaching. This report takes no view on the desirability of the various options, but rather sets out to help establish the factors that should be taken into account if change is to be successfully achieved. This investigation suggests that the tax implications of independence or further devolution may be more complex than might be widely thought.