Company: TDBCP
Filing Date: 2025-07-17
Form Type: 424B2
Source: 0001140361-25-026206
Chunk: 7

Company: TORONTO DOMINION BANK
Filing Date: 2025-07-17
Form: 424B2
Chunk 7
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 prospectus under “Tax Consequences—Canadian Taxation” and the further discussion herein under “Summary”. If you are not a Non-resident Holder (as that term is defined in the prospectus) for Canadian federal income tax purposes or if you acquire the Notes in the secondary market, you should consult your tax advisors as to the consequences of acquiring, holding and disposing of the Notes and receiving the payments that might be due under the Notes.

| TD Securities (USA) LLC | P-7 |

Material U.S. Federal Income Tax Consequences GeneralThe following discussion summarizes certain U.S. federal income tax consequences to U.S. Holders of the purchase, beneficial ownership and disposition of the Notes. This discussion replaces the federal income tax discussions in the prospectus supplement and prospectus. The discussion herein does not address the consequences to taxpayers subject to special tax accounting rules under Section 451(b) of the U.S. Internal Revenue Code of 1986, as amended (the “Code”). For purposes of this summary, a “U.S. Holder” is a beneficial owner of a Note that is:

| • | an individual who is a citizen or a resident of the U.S., for U.S. federal income tax purposes; |

| • | a corporation (or other entity that is treated as a corporation for U.S. federal income tax purposes) that is created or organized in or under the laws of the U.S. or any State thereof (including the District of Columbia); |

| • | an estate whose income is subject to U.S. federal income taxation regardless of its source; or |

| • | a trust if a court within the U.S. is able to exercise primary supervision over its administration, and one or more U.S. persons, for U.S. federal income tax purposes, have the authority to control all of its substantial decisions. |

For purposes of this summary, a “Non-U.S. Holder” is a beneficial owner of a Note that is:

| • | a nonresident alien individual for federal income tax purposes; |

| • | a foreign corporation for federal income tax purposes; or |

| • | an estate or trust whose income is not subject to federal income tax on a net income basis. |

An individual may, subject to certain exceptions, be deemed to be a resident of the U.S. for U.S. federal income tax purposes by reason of being present in the U.S. for 31 days or more in the calendar year and for an aggregate of 183 days or more during