Company: TDBCP
Filing Date: 2025-03-07
Form Type: 424B3
Source: 0001140361-25-007568
Chunk: 53

Company: TORONTO DOMINION BANK
Filing Date: 2025-03-07
Form: 424B3
Chunk 53
---
sthru payment” are published. If withholding is required, we (or the applicable paying agent) will not be required to pay additional amounts with respect to the amounts so withheld. Foreign financial institutions and
    non-financial foreign entities located in jurisdictions that have an intergovernmental agreement with the U.S. governing FATCA may be subject to different rules.

You should consult your tax advisors about the application of FATCA, in particular if you may be classified as a financial institution (or if you hold your notes
    through a foreign entity) under the FATCA rules.

#### Proposed Legislation
**In 2007, legislation was introduced in Congress that, if it had been enacted, would have required holders of instruments such as the notes that are purchased after
    the bill was enacted to accrue interest income over the term of the notes despite the fact that there will be no interest payments over the term of the notes. Furthermore, in 2013, the House Ways and Means Committee released in draft form certain
    proposed legislation relating to financial instruments that, if it had been enacted, would have required instruments such as the notes to be marked to market on an annual basis with all gains and losses to be treated as ordinary, subject to certain
    exceptions.

It is impossible to predict whether any similar or identical bills will be enacted in the future or whether any such bills would affect the tax treatment of your
    notes. You are urged to consult your tax advisors regarding any possible changes in law and whether any such change may adversely affect the tax treatment of your notes.

Both U.S. and non-U.S. holders should consult their tax advisors regarding the U.S. federal income tax consequences of an investment in the notes,
    as well as any tax consequences arising under the laws of any state, local or non-U.S. taxing jurisdiction (including that of TD and any Underlying Company).**

<div align='center'>PS-42</div>

### ERISA CONSIDERATIONS
A fiduciary of a pension, profit-sharing or other employee benefit plan (each, an “

#### employee benefit plan
”) subject to Title
    I of the U.S. Employee Retirement Income Security Act of 1974, as amended (“

#### ERISA
”), should consider the fiduciary standards of ERISA in the context of the employee benefit plan’s particular circumstances before
    authorizing an investment in the notes. Among other factors, the fiduciary should consider whether the investment would satisfy the prudence and divers