Company: TDBCP
Filing Date: 2025-02-26
Form Type: F-3/A
Source: 0001193125-25-035964
Chunk: 83

Company: TORONTO DOMINION BANK
Filing Date: 2025-02-26
Form: F-3/A
Chunk 83
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 of any acquisition or bond premium, as described
below) and reduced by any payments previously made on such original issue discount debt security (other than qualified stated interest). The Bank is required to provide information returns stating the amount of OID accrued on original issue discount
debt securities held by persons of record other than certain exempt holders.

Floating rate debt securities are subject to special OID
rules. In the case of a floating rate debt security that is an original issue discount debt security, both the “yield to maturity” and “qualified stated interest” will be determined solely for purposes of calculating the accrual
of OID as though the debt security will bear interest in all periods at a fixed rate generally equal to the rate that would be applicable to interest payments on the debt security on its date of issue or, in the case of certain floating rate debt
securities, the rate that reflects the yield to maturity that is reasonably expected for the debt security. Additional rules may apply if interest on a floating rate debt security is based on more than one interest rate. Persons considering the
purchase of floating rate debt securities should carefully examine the applicable supplement and should consult their own tax advisors regarding the consequences of the holding and disposition of such debt securities.

In addition, the discussion above generally does not address debt securities providing for contingent payments or debt securities that may be
convertible or exchangeable for stock or other securities (or the cash value thereof) other than in connection with a bail-in conversion. U.S. Holders should carefully examine the applicable supplement and
should consult their own tax advisors regarding the U.S. federal income tax consequences of the holding and disposition of any such debt securities.

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U.S. Holders may elect to treat all interest on any debt security as OID and calculate the
amount includible in gross income under the constant yield method described above. For purposes of this election, interest includes stated interest, acquisition discount, OID, de minimis OID, market discount, de minimis market discount and unstated
interest, as adjusted by any amortizable bond premium or acquisition premium. U.S. Holders should consult with their own tax advisors about this election.

Short-Term Debt Securities

In the case
of debt securities having a term of one year or less (“short-term debt securities”), all payments (including all stated interest) will be included in the stated redemption price at maturity and will not be qualified stated interest. Thus,
U.S. Holders will generally be taxable on the discount in lieu of stated interest. The discount will