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  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="times new roman" lang=EN-US style="font-size:18.0pt;">United
  States</font></b></p>
  
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="times new roman" lang=EN-US style="font-size:18.0pt;">Securities
  and Exchange Commission</font></b></p>
  
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="times new roman" lang=EN-US style="font-size:12.0pt;">Washington, D.C. 20549</font></b></p>
  
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="times new roman" lang=EN-US style="font-size:18.0pt;">Form
  8-K</font></b></p>
  
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="times new roman" lang=EN-US style="font-size:18.0pt;">Current
  Report</font></b></p>
  
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="times new roman" lang=EN-US style="font-size:12.0pt;">Pursuant to Section 13
  or 15(d) of the<br>
  Securities Exchange Act of 1934</font></b></p>
  
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face="times new roman" lang=EN-US style="font-size:12.0pt;">Date of report: </font><b><font color=black face="times new roman" lang=EN-US style="font-size:12.0pt;">August
  4, 2016<br>
  &nbsp;</font></b><font color=black face="times new roman" lang=EN-US style="font-size:12.0pt;">(Date of Earliest Event Reported)</font></p>
  
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="times new roman" lang=EN-US style="font-size:18.0pt;">REALTY
  INCOME CORPORATION</font></b></p>
  
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">(Exact name of
  registrant as specified in its charter)</font></p>
  
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>
  
  <div align=center>
  
  <table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;width:504.000000pt;">
   <tr>
    <td valign=top width=32% style="padding:0in 0in 0in 0in;">
    <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="times new roman" style="font-size:12.0pt;">Maryland</font></b></p>
    <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="times new roman" style="font-size:11.0pt;">&nbsp;</font></p>
    </td>
   <td valign=bottom width=2% style="padding:0in 0in 0in 0in;">
    <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="times new roman" style="font-size:1.0pt;">&nbsp;</font></p>
    <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="times new roman" style="font-size:11.0pt;">&nbsp;</font></p>
    </td>
   <td valign=top width=32% style="padding:0in 0in 0in 0in;">
    <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="times new roman" style="font-size:12.0pt;">1-13374</font></b></p>
    <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="times new roman" style="font-size:11.0pt;">&nbsp;</font></p>
    </td>
   <td valign=bottom width=2% style="padding:0in 0in 0in 0in;">
    <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="times new roman" style="font-size:1.0pt;">&nbsp;</font></p>
    <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="times new roman" style="font-size:11.0pt;">&nbsp;</font></p>
    </td>
   <td valign=top width=32% style="padding:0in 0in 0in 0in;">
    <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="times new roman" style="font-size:12.0pt;">33-0580106</font></b></p>
    <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="times new roman" style="font-size:11.0pt;">&nbsp;</font></p>
    </td>
   </tr>
  <tr>
    <td valign=top width=32% style="padding:0in 0in 0in 0in;">
    <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style="font-size:10.0pt;">(State or Other
    Jurisdiction of<br>
    Incorporation or Organization)</font></p>
    <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="times new roman" style="font-size:11.0pt;">&nbsp;</font></p>
    </td>
   <td valign=bottom width=2% style="padding:0in 0in 0in 0in;">
    <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="times new roman" style="font-size:1.0pt;">&nbsp;</font></p>
    <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="times new roman" style="font-size:11.0pt;">&nbsp;</font></p>
    </td>
   <td valign=top width=32% style="padding:0in 0in 0in 0in;">
    <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style="font-size:10.0pt;">(Commission File
    Number)</font></p>
    <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="times new roman" style="font-size:11.0pt;">&nbsp;</font></p>
    </td>
   <td valign=bottom width=2% style="padding:0in 0in 0in 0in;">
    <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="times new roman" style="font-size:1.0pt;">&nbsp;</font></p>
    <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="times new roman" style="font-size:11.0pt;">&nbsp;</font></p>
    </td>
   <td valign=top width=32% style="padding:0in 0in 0in 0in;">
    <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style="font-size:10.0pt;">(IRS Employer
    Identification No.)</font></p>
    <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="times new roman" style="font-size:11.0pt;">&nbsp;</font></p>
    </td>
   </tr>
  </table>
  
  </div>
  
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;">&nbsp;
  </font></p>
  
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="times new roman" lang=EN-US style="font-size:12.0pt;">11995 El Camino Real,
  San Diego, California 92130</font></b></p>
  
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">(Address of
  principal executive offices)</font></p>
  
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="times new roman" lang=EN-US style="font-size:12.0pt;">(858) 284-5000<br>
  &nbsp;</font></b><font face="times new roman" lang=EN-US style="font-size:10.0pt;">(Registrant</font><font color=black face="times new roman" lang=EN-US style="font-size:10.0pt;">&#8217;</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">s telephone
  number, including area code)</font></p>
  
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="times new roman" lang=EN-US style="font-size:12.0pt;">N/A<br>
  &nbsp;</font></b><font face="times new roman" lang=EN-US style="font-size:10.0pt;">(former
  name or former address, if changed since last report)</font></p>
  
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="times new roman" lang=EN-US style="font-size:9.0pt;">Check the appropriate box below if the Form 8-K filing is intended
  to simultaneously satisfy the filing obligation of the registrant under any of
  the following provisions:</font></p>
  
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="times new roman" lang=EN-US style="font-size:9.0pt;">[ ] Written communications pursuant to Rule 425 under the
  Securities Act (17 CFR 230.425)</font></p>
  
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="times new roman" lang=EN-US style="font-size:9.0pt;">[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange
  Act (17 CFR 240.14a-12)</font></p>
  
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="times new roman" lang=EN-US style="font-size:9.0pt;">[ ] Pre-commencement communications pursuant to Rule 14d-2(b)
  under the Exchange Act (17 CFR 240.14d-2(b))</font></p>
  
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="times new roman" lang=EN-US style="font-size:9.0pt;">[ ] Pre-commencement communications pursuant to Rule 13e-4(c)
  under the Exchange Act (17 CFR 240.13e-4(c))</font></p>
  
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>
  
  
  
  
  
  </DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</DIV><a name="page_2"></a><a name="_bclPageBorder2"></a><DIV STYLE="PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="times new roman" lang=EN-US style="font-size:12.0pt;">Item 8.01 Other Events</font></b></p>
  
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="times new roman" lang=EN-US style="font-size:12.0pt;">United States Federal Income Tax Considerations</font></b></p>
  
  <p style="margin:0in;margin-bottom:.0001pt;text-indent:.5in;"><font color=black face="times new roman" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>
  
  <p style="margin:0in;margin-bottom:.0001pt;text-indent:.5in;"><font color=black face="times new roman" lang=EN-US style="font-size:12.0pt;">As a result of recent changes in applicable tax law, Realty Income
  Corporation (the &#8220;Company&#8221;) is superseding and replacing the discussion under
  the heading &#8220;United States Federal Income Tax Considerations&#8221; in the prospectus
  dated December 21, 2015, which forms part of the Registration Statement on Form
  S-3 (File No. 333-208652) of the Company filed with the Securities and Exchange
  Commission (the &#8220;SEC&#8221;) on December 21, 2015 (the &#8220;Existing Tax Disclosure&#8221;) and
  which is also attached to each of the three prospectus supplements dated
  December 21, 2015 filed by the Company with the SEC on December 21, 2015
  pursuant to Rule 424(b) of the Securities Act of 1933, as amended. The
  information under the heading &#8220;United States Federal Income Tax Considerations&#8221;
  in Exhibit 99.1 hereto (incorporated herein by reference) supersedes and
  replaces, in its entirety, the Existing Tax Disclosure.</font></p>
  
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="times new roman" lang=EN-US style="font-size:12.0pt;">Item 9.01 Financial Statements and Exhibits.</font></b></p>
  
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="times new roman" lang=EN-US style="font-size:12.0pt;">(d)
  Exhibits</font></p>
  
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>
  
  <div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;width:483.850006pt;">
   <tr>
    <td valign=top width=7% style="padding:0in 0in 0in 0in;">
    <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="times new roman" style="font-size:12.0pt;">99.1</font></p>
    <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="times new roman" style="font-size:11.0pt;">&nbsp;</font></p>
    </td>
   <td valign=top width=93% style="padding:0in 0in 0in 0in;">
    <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="times new roman" style="font-size:12.0pt;">United States Federal Income Tax Considerations</font></p>
    <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="times new roman" style="font-size:11.0pt;">&nbsp;</font></p>
    </td>
   </tr>
  </table></div>
  
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;">&nbsp; </font></p>
  
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>
  
  
  
  
  
  </DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</DIV><a name="page_3"></a><a name="_bclPageBorder3"></a><DIV STYLE="PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="times new roman" lang=EN-US style="font-size:12.0pt;">SIGNATURE</font></b></p>
  
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="margin:0in;margin-bottom:.0001pt;text-indent:.25in;"><font color=black face="times new roman" lang=EN-US style="font-size:12.0pt;">Pursuant to the requirements of the Securities Exchange Act of
  1934, the registrant has duly caused this report to be signed on its behalf by
  the undersigned hereunto duly authorized.</font></p>
  
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>
  
  <div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;width:504.000000pt;">
   <tr>
    <td valign=top width=50% style="padding:0in 0in 0in 0in;">
    <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="times new roman" style="font-size:12.0pt;">Dated: August 4, 2016 </font><font color=black face="times new roman" style="font-size:1.0pt;">6</font></p>
    <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="times new roman" style="font-size:11.0pt;">&nbsp;</font></p>
    </td>
   <td colspan=2 valign=top width=50% style="padding:0in 0in 0in 0in;">
    <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="times new roman" style="font-size:12.0pt;">REALTY INCOME CORPORATION</font></p>
    <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="times new roman" style="font-size:11.0pt;">&nbsp;</font></p>
    </td>
   </tr>
  <tr>
    <td valign=top width=50% style="padding:0in 0in 0in 0in;">
    <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="times new roman" style="font-size:12.0pt;">&nbsp;</font></p>
    <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="times new roman" style="font-size:11.0pt;">&nbsp;</font></p>
    </td>
   <td valign=top width=6% style="padding:0in 0in 0in 0in;">
    <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="times new roman" style="font-size:12.0pt;">&nbsp;</font></p>
    <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="times new roman" style="font-size:11.0pt;">&nbsp;</font></p>
    </td>
   <td valign=top width=44% style="padding:0in 0in 0in 0in;">
    <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="times new roman" style="font-size:12.0pt;">&nbsp;</font></p>
    <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="times new roman" style="font-size:11.0pt;">&nbsp;</font></p>
    </td>
   </tr>
  <tr>
    <td valign=top width=50% style="padding:0in 0in 0in 0in;">
    <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="times new roman" style="font-size:1.0pt;">&nbsp;</font></p>
    <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="times new roman" style="font-size:11.0pt;">&nbsp;</font></p>
    </td>
   <td valign=top width=6% style="padding:0in 0in 0in 0in;">
    <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="times new roman" style="font-size:12.0pt;">By:</font></p>
    <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="times new roman" style="font-size:11.0pt;">&nbsp;</font></p>
    </td>
   <td valign=top width=44% style="padding:0in 0in 0in 0in;">
    <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="times new roman" style="font-size:12.0pt;">/s/ MICHAEL R. PFEIFFER</font></p>
    <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="times new roman" style="font-size:11.0pt;">&nbsp;</font></p>
    </td>
   </tr>
  <tr>
    <td valign=top width=50% style="padding:0in 0in 0in 0in;">
    <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="times new roman" style="font-size:4.0pt;">&nbsp;</font></p>
    <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="times new roman" style="font-size:11.0pt;">&nbsp;</font></p>
    </td>
   <td valign=top width=6% style="padding:0in 0in 0in 0in;">
    <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="times new roman" style="font-size:4.0pt;">&nbsp;</font></p>
    <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="times new roman" style="font-size:11.0pt;">&nbsp;</font></p>
    </td>
   <td valign=top width=44% style="border-bottom:solid black 1.5pt;padding:0in 0in 0in 0in;">
    <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="times new roman" style="font-size:4.0pt;">&nbsp;</font></p>
    <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="times new roman" style="font-size:11.0pt;">&nbsp;</font></p>
    </td>
   </tr>
  <tr>
    <td valign=top width=50% style="padding:0in 0in 0in 0in;">
    <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="times new roman" style="font-size:1.0pt;">&nbsp;</font></p>
    <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="times new roman" style="font-size:11.0pt;">&nbsp;</font></p>
    </td>
   <td valign=top width=6% style="padding:0in 0in 0in 0in;">
    <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="times new roman" style="font-size:1.0pt;">&nbsp;</font></p>
    <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="times new roman" style="font-size:11.0pt;">&nbsp;</font></p>
    </td>
   <td valign=top width=44% style="padding:0in 0in 0in 0in;">
    <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="times new roman" style="font-size:2.0pt;">&nbsp;</font></p>
    <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="times new roman" style="font-size:12.0pt;">Michael R. Pfeiffer</font></p>
    <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="times new roman" style="font-size:11.0pt;">&nbsp;</font></p>
    </td>
   </tr>
  <tr>
    <td valign=top width=50% style="padding:0in 0in 0in 0in;">
    <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="times new roman" style="font-size:1.0pt;">&nbsp;</font></p>
    <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="times new roman" style="font-size:11.0pt;">&nbsp;</font></p>
    </td>
   <td valign=top width=6% style="padding:0in 0in 0in 0in;">
    <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="times new roman" style="font-size:1.0pt;">&nbsp;</font></p>
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    <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="times new roman" style="font-size:12.0pt;">Executive Vice President, General</font></p>
    <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="times new roman" style="font-size:12.0pt;">Counsel and Secretary</font></p>
    <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="times new roman" style="font-size:11.0pt;">&nbsp;</font></p>
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  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;">&nbsp; </font></p>
  
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>
  
  
  
  
  
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  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="times new roman" lang=EN-US style="font-size:12.0pt;">INDEX TO EXHIBITS</font></b></p>
  
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>
  
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    <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="times new roman" style="font-size:8.0pt;">Exhibit No.</font></b></p>
    <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="times new roman" style="font-size:11.0pt;">&nbsp;</font></p>
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   <td valign=bottom width=3% style="padding:0in 0in 0in 0in;">
    <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="times new roman" style="font-size:1.0pt;">&nbsp;</font></b></p>
    <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="times new roman" style="font-size:11.0pt;">&nbsp;</font></p>
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    <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="times new roman" style="font-size:8.0pt;">Description</font></b></p>
    <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="times new roman" style="font-size:11.0pt;">&nbsp;</font></p>
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    <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" style="font-size:10.0pt;">&nbsp;</font></p>
    <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="times new roman" style="font-size:11.0pt;">&nbsp;</font></p>
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    <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" style="font-size:10.0pt;">&nbsp;</font></p>
    <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="times new roman" style="font-size:11.0pt;">&nbsp;</font></p>
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    <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" style="font-size:10.0pt;">&nbsp;</font></p>
    <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="times new roman" style="font-size:11.0pt;">&nbsp;</font></p>
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    <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="times new roman" style="font-size:12.0pt;">99.1</font></p>
    <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="times new roman" style="font-size:11.0pt;">&nbsp;</font></p>
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    <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="times new roman" style="font-size:1.0pt;">&nbsp;</font></p>
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    <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="times new roman" style="font-size:12.0pt;">United States Federal Income Tax Considerations</font></p>
    <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="times new roman" style="font-size:11.0pt;">&nbsp;</font></p>
    </td>
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  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;">&nbsp; </font></p>
  
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>
  
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text: realtyincome-taxdisclosure8k.htm - Generated by SEC Publisher for SEC Filing
  United
  States
  Securities
  and Exchange Commission
  Washington, D.C. 20549
  Form
  8-K
  Current
  Report
  Pursuant to Section 13
  or 15(d) of the
  Securities Exchange Act of 1934
  Date of report:
  August
  4, 2016
  (Date of Earliest Event Reported)
  REALTY
  INCOME CORPORATION
  (Exact name of
  registrant as specified in its charter)
  Maryland
  1-13374
  33-0580106
  (State or Other
    Jurisdiction of
  Incorporation or Organization)
  (Commission File
    Number)
  (IRS Employer
    Identification No.)
  11995 El Camino Real,
  San Diego, California 92130
  (Address of
  principal executive offices)
  (858) 284-5000
  (Registrant
  '
  s telephone
  number, including area code)
  N/A
  (former
  name or former address, if changed since last report)
  Check the appropriate box below if the Form 8-K filing is intended
  to simultaneously satisfy the filing obligation of the registrant under any of
  the following provisions:
  [ ] Written communications pursuant to Rule 425 under the
  Securities Act (17 CFR 230.425)
  [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange
  Act (17 CFR 240.14a-12)
  [ ] Pre-commencement communications pursuant to Rule 14d-2(b)
  under the Exchange Act (17 CFR 240.14d-2(b))
  [ ] Pre-commencement communications pursuant to Rule 13e-4(c)
  under the Exchange Act (17 CFR 240.13e-4(c))
  Item 8.01 Other Events
  United States Federal Income Tax Considerations
  As a result of recent changes in applicable tax law, Realty Income
  Corporation (the "Company") is superseding and replacing the discussion under
  the heading "United States Federal Income Tax Considerations" in the prospectus
  dated December 21, 2015, which forms part of the Registration Statement on Form
  S-3 (File No. 333-208652) of the Company filed with the Securities and Exchange
  Commission (the "SEC") on December 21, 2015 (the "Existing Tax Disclosure") and
  which is also attached to each of the three prospectus supplements dated
  December 21, 2015 filed by the Company with the SEC on December 21, 2015
  pursuant to Rule 424(b) of the Securities Act of 1933, as amended. The
  information under the heading "United States Federal Income Tax Considerations"
  in Exhibit 99.1 hereto (incorporated herein by reference) supersedes and
  replaces, in its entirety, the Existing Tax Disclosure.
  Item 9.01 Financial Statements and Exhibits.
  (d)
  Exhibits
  99.1
  United States Federal Income Tax Considerations
  SIGNATURE
  Pursuant to the requirements of the Securities Exchange Act of
  1934, the registrant has duly caused this report to be signed on its behalf by
  the undersigned hereunto duly authorized.
  Dated: August 4, 2016
  6
  REALTY INCOME CORPORATION
  By:
  /s/ MICHAEL R. PFEIFFER
  Michael R. Pfeiffer
  Executive Vice President, General
  Counsel and Secretary
  INDEX TO EXHIBITS
  Exhibit No.
  Description
  99.1
  United States Federal Income Tax Considerations