US domiciled ETFs that are UK HMRC reporting funds

This page lists Vanguard's US domiciled exchange-traded funds (ETFs) that meet UK HMRC reporting fund requirements. US citizens and US permanent residents (green card holders) living in the UK can hold these funds without running into problems with the US's harsh PFIC tax regime, and also without running into higher UK tax because they hold HMRC non-reporting funds. The information in it is specific to US citizens who are UK residents.

Introduction
US citizens and US permanent residents (green card holders) living in the UK cannot use the normal range of UCITS funds and ETFs offered to other UK and EU residents, because of the way the US's citizenship-based taxation and harsh PFIC tax regime intersect. For these investors, holding US domiciled funds or ETFs is one of the few viable ways to hold collective investment vehicles.

However, the UK also has rules that discourage some "offshore" fund holdings. Gains in a non-UCITS fund or ETF that lacks HMRC reporting status are taxed to the investor at higher income rates, rather than lower and more beneficial capital gains rates.

Many US domiciled funds and ETFs will not have HMRC reporting status. However, a selection of Vanguard's US domiciled ETFs are HMRC reporting funds. A US citizen living in the UK can therefore invest through these ETFs without running into either country's unpleasant tax regime for "offshore" funds.

Vanguard US domiciled ETFs with HMRC reporting status
The following table summarises Vanguard US domiciled ETFs that a US citizen living in the UK can safely use in taxable accounts. These would also be safe to use in a UK ISA, although for US citizens the ISA wrapper only provides protection from UK taxes, not from any US taxes. The US will tax ISA gains annually as if it is a normal taxable account.

The table shows data from HMRC's approved offshore reporting funds list, as of 1 Oct 2018. This list shows funds by CUSIP. The mapping from CUSIP to fund exchange ticker uses data provided by DTCC, as of 18 Jul 2019.

Investors planning to rely on the information in this table should first check the above sources to ensure that the table data remains accurate. Also, note that this table may not be an exhaustive list of all US domiciled ETFs that are HMRC reporting funds.