Company: TDBCP
Filing Date: 2025-06-17
Form Type: 424B3
Source: 0001140361-25-022771
Chunk: 61

Company: TORONTO DOMINION BANK
Filing Date: 2025-06-17
Form: 424B3
Chunk 61
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iii) an estate or trust whose income is not subject to U.S. federal income tax on a net income basis. Subject to the discussion below with respect to Section 871(m) of the Code and FATCA, if you are a non-U.S. holder, you should generally not be subject to U.S. withholding tax with respect to payments on your SUNs or to generally applicable information reporting and backup withholding requirements with respect to payments on your SUNs 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 SUNs by a non-U.S. holder will generally not be subject to federal income tax, unless:

| • | the gain with respect to the SUNs 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 SUNs 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                                                                                                                                                                                    |

PS-49

| • | 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 SUNs by the non-U.S. holder is described in any of the three 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. Section 897.We will not attempt to ascertain whether the issuer of a Market Measure or any Underlying Constituent, as applicable, 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 SUNs 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 SUNs were treated as USRPI, certain adverse U.S. federal income tax consequences could possibly apply, including subjecting any gain to a