Company: TDBCP
Filing Date: 2025-06-17
Form Type: 424B3
Source: 0001140361-25-022771
Chunk: 52

Company: TORONTO DOMINION BANK
Filing Date: 2025-06-17
Form: 424B3
Chunk 52
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 replace or modify the description in the accompanying prospectus. PS-43 MATERIAL U.S. FEDERAL INCOME TAX CONSEQUENCES General The U.S. federal income tax consequences of an investment in the SUNs are uncertain. There are no statutory provisions, regulations, published rulings or judicial decisions addressing the characterization for U.S. federal income tax purposes of how certain securities such as the SUNs should be treated for U.S. federal income tax purposes and we do not plan to request a ruling from the IRS. The following is a general description of certain material U.S. federal income tax consequences of the ownership and disposition of the SUNs and does not purport to be a complete analysis of all tax considerations relating to the SUNs. The following discussion is based upon the Code, final, temporary and proposed Treasury regulations, rulings and decisions, in each case, as available and in effect as of the date of this document, all of which are subject to change, possibly with retroactive effect. Tax consequences under state, local and non-U.S. laws are not addressed herein. The applicable term sheet will contain a further discussion of the U.S. federal income tax consequences applicable to that offering of the SUNs, which may differ from the discussion herein. The discussion of the U.S. federal income tax consequences contained in the applicable term sheet supersedes the following to the extent it is inconsistent with this discussion. Prospective purchasers of the SUNs are urged to read the discussion below in connection with the discussion in the applicable term sheet relating to their SUNs and to consult their tax advisors as to the consequences under the tax laws of the country of which they are resident for tax purposes and the federal, state, and local tax laws of the U.S. of acquiring, holding and disposing of, and receiving payments under, the SUNs. The discussion below assumes that an investor in the SUNs will be subject to a significant risk that it will lose a significant amount of its investment in the SUNs. If an investor in the SUNs is not subject to a significant risk that it will lose a significant amount of its investments in the SUNs, the U.S. federal income tax treatment of those the SUNs may differ substantially from that described in the discussion below and such treatment will be described in the applicable term sheet. The discussion below also assumes that the SUNs will not provide for interest payments. If the SUNs provide for interest payments, the U.S. federal income tax treatment of the coupon will be described in the applicable term sheet.