Reporting funds - what if they stop reporting to HMRC

Hi there I am considering investing in some US domiciled funds which do currently report to HMRC. Therefore any gains I make will be taxed at CGT rates and not income tax rates. However if in the future the fund ceases to report to HMRC and I have been invested in it before it ceased to report - what will happen if I make gains on the units I bought whilst it was still reporting? will they still be taxed at CGT rates? or will all my investment be taxed at income tax rates?

Hi Rohit Trivedi

HMRC cannot comment on future events as legislation may change.

Thank you