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that is a lot in italy.
here it depends. we called it capital gain tax
Taxpayers in the 10 and 15 percent tax brackets pay no tax , taxpayers in the 25-, 28-, 33-, or 35- percent pay a 15 percent rate . For those in the top 39.6 percent bracket for ordinary income, the rate is 20 percent.

Here 26% fix, indipendent from other incomes.
Losses are still recoverable for some following years