Scotland's tax system is slightly separate from the rest of the UK's. But an old feature seems to be giving tax benefits as an offshore tax haven.
POLICE and HMRC are moving to stamp out Scotland’s lucrative “tax haven” industry as new links with mass money-laundering operations in Eastern Europe have emerged. Major Scottish law firms are engaged in the business of creating thousands of shell companies for the eastern European market. Such practices are not illegal and can only be achieved because of a century-old legal loophole that makes Scotland vulnerable to money-launderers and has seen the country advertised abroad as a tax haven.