I understand your confusion. DAC7 reporting refers to the EU's Directive on Administrative Cooperation, which aims to improve cross-border tax compliance. It requires platforms like Etsy to collect and report data on sellers' transactions to tax authorities. While Etsy already deducts certain taxes and commissions, you may still be responsible for additional taxes depending on your specific circumstances. It's essential to update your tax information as requested by Etsy and ensure compliance with DAC7 reporting requirements. As for tax rates in the EU, they vary by country and income level. It's advisable to consult with a tax professional for personalized advice. Additionally, tools like VATCompliance can help streamline dac 7 reporting processes by automatically tracking and generating required reports with ease.