Explain like I’m 5: any tax/legal obrigations on owning private company shares?

I used to do some consulting work for a startup and they “paid me” in company stock when it was worth basically nothing. Recently a lot of investors joined and the capital of the company increased a lot. Are my shares just diluted or do they increase in value?

More important, do I own any tax even without selling or making any money from it? Do I have any legal obrigations or responsibility to the government from just owning the shares?

Yes, I’m totally ignorant about it, feel free to judge my dummy ass.

PS: I live in Japan, the company is in Japan, and I’m not American (if it matters, tax wise).

by AbjectAmpole

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