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.
The weather in Rome will be in the comfortable 70âs-80âs Â°F/20-30 Â°C during the day, and 60âs-70âs Â°F/15-20 Â°C at night. Partly because of the beautiful weather, and partly because these are vacation months for many people, spring is high season in Rome and other Italian art cities. For more, visit my pages about Rome in May, June and July.