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.
Rome: Annual Weather Averages. July is the hottest month in Rome with an average temperature of 26Â°C (78Â°F) and the coldest is January at 8Â°C (46Â°F) with the most daily sunshine hours at 11 in July. The wettest month is December with an average of 96mm of rain. The best month to swim in the sea is in August when the average sea temperature is 26Â°C (79Â°F).