Company: TDBCP
Filing Date: 2025-04-17
Form Type: 424B3
Source: 0001193125-25-084359
Chunk: 11

Company: TORONTO DOMINION BANK
Filing Date: 2025-04-17
Form: 424B3
Chunk 11
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 is not subject to backup withholding or fails to report in full dividend and interest income.

Any amounts withheld under the backup withholding rules will be allowed as a refund or credit against a U.S. Holder’s U.S. federal income
tax liability, provided the required information is timely furnished to the IRS.

Individual U.S. Holders (and certain entities) that own
“specified foreign financial assets” may be required to include certain information with respect to such assets with their U.S. federal income tax return. U.S. Holders are urged to consult their own tax advisors regarding such requirements
with respect to the common shares.

Additional Withholding Requirements

Sections 1471 through 1474 of the Code (such Sections commonly referred to as “FATCA”) encourage foreign financial institutions to
report information about their U.S. account holders (including holders of certain equity or debt interests) to the IRS. Foreign financial institutions that fail to comply with the withholding and reporting requirements of FATCA and certain holders
that do not provide sufficient information about their U.S. account holders or owners may be subject to a 30% withholding tax on certain payments they receive, including “foreign passthru payments” made by foreign financial institutions
such as the Bank. The term “foreign passthru payment” is not currently defined in Treasury Regulations. Pursuant to proposed Treasury Regulations (the preamble to which indicates that taxpayers may rely on them prior to their
finalization), any such withholding with respect to the common shares on foreign passthru payments would not begin before the date that is two years after the date on which final regulations defining the term “foreign passthru payment” are
adopted.

As discussed above, since the term “foreign passthru payment” is not defined in
Treasury Regulations, the future application of FATCA withholding tax on foreign passthru payments to holders of common shares is uncertain. If a U.S. Holder is subject to withholding, there will be no additional amounts payable by way of
compensation to the U.S. Holder for the deducted amount. U.S. Holders should consult their own tax advisors regarding this legislation in light of their particular situations.

The foregoing is only a summary of certain U.S. federal income tax consequences of participation in the Plan and the ownership and disposition
of common shares acquired pursuant to the Plan, and does not constitute tax advice. Participants are advised to consult their own tax advisors concerning the tax consequences applicable to their particular situations.

CERTAIN ERISA CONSIDERATIONS