FATCA explained. While FATCA is no laughing matter this video is a well-done satirical take on FATCA explaining in a simple way the consequences of a law that has burdened many. This is what the makers had to say:
‘FATCA is a crazy law that the United States Congress has decided to impose on the entire world. Basically we’re building a world-wide empire subject to the Internal Revenue Service (IRS). This video cuts through the BS and explains the law in the simplest terms possible.’