The following discussion supersedes and replaces in its entirety the discussion under the heading “United States Federal Income Tax Considerations” in the prospectus dated February 16, 2024.
This summary provides a general overview of certain material U.S. federal income tax considerations regarding Realty Income Corporation's election to be taxed as a real estate investment trust (REIT) and the purchase, ownership, and disposition of their securities.
It is important to note that this summary is for general information only and is not tax advice.
Tax Considerations for Real Estate Investment Trust (REIT)
Discuss the implications of Realty Income Corporation's tax election as a REIT.
Ownership of Capital Stock or Debt Securities
Examine the tax considerations related to the purchase, ownership, and sale of Realty Income Corporation's securities.
References and Amendments
Understand that the information provided may be amended, supplemented, or superseded by subsequent filings with the SEC.
- The discussion highlights the relevance of the Internal Revenue Code of 1986 and Treasury regulations in determining U.S. federal income tax considerations for Realty Income Corporation.
- Investors should consider the tax implications when evaluating real estate investment opportunities and potential investments in Realty Income Corporation.
In conclusion, understanding the tax implications of investing in a real estate investment trust is crucial for informed decision-making. Investors should seek professional tax advice before making any investment decisions related to Realty Income Corporation securities.