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.
In Central Italy, including cities like Rome, temperature is approximately between 16 and 25 degrees Celsius (61 to 77 degree Fahrenheit). In June, wet days in cities like Rome are not very common, but if they occur, the temperature might plunge down.In Southern Italy and the sea coast, including Palermo, temperatures are definitely among the highest in the country. In June, they remain between 20 and 25 degrees Celsius (68 to 77 degrees Fahrenheit).t times, it might seem there is no slack tourist season in Italy, since no matter when you visit, you'll always find people: June is the best time to visit Italy in terms of weather but, for those planning to travel on a low budget, it is best to avoid it.