What will it mean if Scotland leaves the UK?

I'm sure there are plenty of UK-Yankees that live in Scotland. I assume that if Scotland leaves the UK the existing tax treaty will stay in place until a US-Scotland one can be signed. The currency issue could be problematic as well.

There will be around 18 months after the referendum for those issues to be decided and new treaties signed. I would imagine that they will essentially take the existing treaty as a template. I don't see how currency would be an issue from US tax perspective.

I don't see how currency would be an issue from US tax perspective.

I agree, for those living in Scotland. A new exchange rate to track.

There was an interesting programme on MoneyBox (BBC Radio 4) concerning pensions for those living in the remainder of the UK. Many of the larger UK pension providers are based in Scotland (Standard Life, I believe for example). The discussion centred around how would the pensions be paid, or more to the point, what currency would the pension be evaluated and paid in? And, who becomes the regulator?

The conclusions at that time (2 weeks ago) were at the present no one really knows for sure. It's assumed (hoped) something will be worked out.

One advantage of negotiating a new treaty may be to get the wording correct regards the tax liability of a Scottish State Pension in the US for a USP living in Scotland.

I agree, for those living in Scotland. A new exchange rate to track.

There was an interesting programme on MoneyBox (BBC Radio 4) concerning pensions for those living in the remainder of the UK. Many of the larger UK pension providers are based in Scotland (Standard Life, I believe for example). The discussion centred around how would the pensions be paid, or more to the point, what currency would the pension be evaluated and paid in? And, who becomes the regulator?

The conclusions at that time (2 weeks ago) were at the present no one really knows for sure. It's assumed (hoped) something will be worked out.

One advantage of negotiating a new treaty may be to get the wording correct regards the tax liability of a Scottish State Pension in the US for a USP living in Scotland.

The program also advised those that have pensions with Scottish based companies to take no action now, since there will be plenty of time to see what the impacts might be.  Standard Life for example also has a big presence in England, and one option for the big companies would be to operate in both countries in both currencies.

If the vote is for independence then I'm sure a sensible transition plan and timetable will be agreed.