Company: TDBCP
Filing Date: 2025-02-26
Form Type: F-3/A
Source: 0001193125-25-035964
Chunk: 88

Company: TORONTO DOMINION BANK
Filing Date: 2025-02-26
Form: F-3/A
Chunk 88
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 receipt of proceeds attributable to OID previously included in income), a U.S. Holder will recognize exchange gain or loss (which is generally U.S.-source ordinary income or loss) in an amount determined in the same manner as interest
income received by a holder on the accrual basis, as described above.

Market Discount

The amount of market discount on foreign currency debt securities includible in income will generally be determined by translating the market
discount determined in the foreign currency into U.S. dollars at the spot rate on the date the foreign currency debt security is retired or otherwise disposed of. If the U.S. Holder has elected to accrue market discount currently, then the amount
which accrues is determined in the foreign currency and then translated into U.S. dollars on the basis of the average exchange rate in effect during such accrual period. A U.S. Holder will recognize exchange gain or loss (which is generally
U.S.-source ordinary income or loss) with respect to market discount which is accrued currently using the approach applicable to the accrual of interest income as described above.

Amortizable Bond Premium

Bond premium on a foreign currency debt security will be computed in the applicable foreign currency. With respect to a U.S. Holder that elects
to amortize the premium, the amortizable bond premium will reduce interest income in the applicable foreign currency. At the time bond premium is amortized, exchange gain or loss (which is generally U.S.-source ordinary income or loss) will be
realized based on the difference between spot rates at such time and at the time of acquisition of the foreign currency debt security. A U.S. Holder that does not elect to amortize bond premium will translate the bond premium, computed in the
applicable foreign currency, into U.S. dollars at the spot rate on the maturity date and such bond premium will constitute a capital loss which may be offset or eliminated by exchange gain.

Sale, Exchange, Retirement or Other Taxable Disposition of Foreign Currency Debt Securities

Upon the sale, exchange, retirement or other taxable disposition of a foreign currency debt security, a U.S. Holder will recognize gain or loss
equal to the difference between the amount realized upon the sale, exchange,

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retirement or other taxable disposition (less an amount equal to any accrued and unpaid qualified stated interest, which will be treated as a payment of interest for U.S. federal income tax
purposes) and the U.S. Holder’s adjusted tax basis in the foreign currency debt security. Except (i)