Company: TDBCP
Filing Date: 2025-03-07
Form Type: 424B3
Source: 0001140361-25-007568
Chunk: 50

Company: TORONTO DOMINION BANK
Filing Date: 2025-03-07
Form: 424B3
Chunk 50
---
 and backup withholding requirements with respect to payments on your notes if you comply with certain certification and identification requirements
    as to your non-U.S. status, including providing us (and/or the applicable withholding agent) a fully completed and validly executed applicable IRS Form W-8. Subject to Section 897 of the Code and Section 871(m) of the Code (each as discussed below),
    gain realized on the taxable disposition of the notes by a non-U.S. holder will generally not be subject to federal income tax, unless:

| • | the gain with respect to the notes is effectively connected with a trade or business conducted by the non-U.S. holder in the U.S.; |

| • | the non-U.S. holder is a nonresident alien individual who holds the notes as a capital asset and is present in the U.S. for more than 182 days in the taxable year of such taxable disposition 
 and certain other conditions are satisfied; or                                                                                                                                                 |

| • | the non-U.S. holder has certain other present or former connections with the U.S. |

If the gain realized on the taxable disposition of the notes by the non-U.S. holder is described in any of the preceding bullet points, the non-U.S. holder may be
    subject to U.S. federal income tax with respect to the gain except to the extent that an income tax treaty reduces or eliminates the tax and the appropriate documentation is provided.

<div align='center'>PS-40</div>

Section 897. We will not attempt to ascertain whether an Underlying Company would be treated as a “United States real
    property holding corporation” (“

### USRPHC
”) within the meaning of Section 897 of the Code. We will also not attempt to determine whether the notes should be treated as “United States real property interests” (“

#### USRPI
”) as defined in Section 897 of the Code. If any such entity were treated as a USRPHC or the notes were treated as USRPI, certain adverse U.S. federal income tax consequences could possibly apply, including
    subjecting any gain to a non-U.S. holder in respect of a note upon a taxable disposition of the notes to U.S. federal income tax on a net basis (with the potential requirement to file a U.S. federal income tax return), or, possibly, the proceeds from
    such a taxable disposition to a 15% withholding tax. Non-U.S. holders should consult their tax advisors regarding the