The IRS' long-standing position was that such stock had no tax basis, so that when the shares were sold, the taxpayer owed tax on 100% of the proceeds of the sale. But after a long legal struggle, a federal court ruled that the IRS was wrong.
Rome in January and February can chill the bones but temperatures will rarely be sub-zero. Snow is extremely rare but rain is common and weather forecasts unpredictable at best. But many a tourist has left very happy as there always seems to be a respite where you can engage and complete your tourism duties.
Country Overview For Italy. The climate in Italy is typically predominantly Mediterranean; Alpine in far north; hot, dry in south. The terrain: mostly rugged and mountainous; some plains, coastal lowlands. For Rome in January the daily average maximum temperatures is 7Â°C with the average minimum 0Â°C, while in June the average maximum is 28Â°C with a minimum of 17Â°C.