What does FATCA really mean to US citizens
For those who have not yet heard, FATCA (or the Foreign Account Tax Compliance Act) is the mother of all “tax” laws. Before you read this article sit-down, or at least, take a few deep breaths.
FATCA is not new, and indeed has been around since 2010. It has however taken a few years to get a head of steam going, and is now in full swing with some critical deadlines about to occur.