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.
Averages for Rome in May What's the Weather Like in Rome in May? Temperature. May makes an excellent time of the year to visit Rome, Italy. Spring is now in full swing and the weather gradually shifts towards the summer months. Temperatures normally hover between 15 and 20 degrees celsius, so it's unlikely that you'll experience any extremes of hot and cold during this period.