I find thread on reddit.
IRS froze transfer from my personal UAE account to my UAE-based company account. Guidance appreciated!
Do anyone put light on this ?
What is happening here ?
Why non us person transfer freeze ?
IRS froze transfer from my personal UAE account to my UAE-based company account. Guidance appreciated!
I’m in the trading business, company in UAE and in Malaysia. One fine day, I wired a payment from my Malaysian company’s bank account to my personal UAE bank account and then to my UAE company’s account. To my surprise, the latter transfer went missing for a couple days and I got to know the IRS has frozen the funds…
After much back and forth with my bank’s RM, I was put in touch with an IRS officer who said there’s an investigation going on, etc. And now I need to go to US consulate for an interview with supporting documents even though I’ve shared all via email, BLs and all! No documentation has been given to me about the freeze yet, not even an explanation. First time this happened and I’ve been doing business from 5 years now.
Not a US citizen, nor do I deal with any US companies.
My questions are
Is it safe for me to go? Not done anything wrong but im scared of getting arrested for God knows what! Can they detain me in UAE?
Any US tax lawyers on here to guide me on why this happened and what I can do to resolve the issue?
I’ve got angry clients breathing fire down my neck everyday! Would appreciate some advice, down to meet for a coffee too.
Do anyone put light on this ?
What is happening here ?
Why non us person transfer freeze ?