Who will pay for Scottish independence?
There are three aspects - initial debts inherited, the cost of work to establish operations, and the continuing financial position. The costs can be covered by the assets transferred to Scotland, issuing of bonds, and borrowing as all nations do.
Full answer here: What is the financial impact on Scotland of independence?
Author / Creator: Clifford Chance
Date published: July 2021
Businesses in an independent Scotland will have to react to
- new legislation
- Citizenship arrangements
- National assets division
- New currency
- New tax regime
- New financial regulator
Among other things.
Author / Creator: Craig Dalzell
Media type: Policy Paper
Date published: 2020
Upon declaring independence, the public assets must be divided by sensitive negotiations.