Actually we have the same thing here but NSA takes care of all the reporting requirements for us.
In about 1993, I knew a man who was very wealthy and we were good friends. One day he said he had to tell me something because he needed to do something about it. Let me say here that he wouldn't pay his bills like utility because he just didn't. Then the power would get shut off and he'd go to town and give the utility company a bunch of money and ignore the bills until the power went off again. He did the same thing with his phone bill.
You see, he was raised in a family with big money, bell at the dining table and servants to serve the food, big money. He had never really run his life and now he was the last adult alive in that original family. So, he just didn't run his life, he let whatever happened, happen.
What he told me was he had not sent in an Income Tax Return in many years. Here he was with all that money and he didn't send in a return and no one did anything about it. He went to the family lawyer and told him he had not filed in all those years.
Here is the kicker: the IRS HAD LOST HIM. No one was EVER coming after him. I thought that was this man's luck and if I had done that, they would have caught me the first year I didn't send it in.
He was like this recluse lost in the population. Yes, both the rich man and this guy with the art, had gone Galt.