Company: TDBCP
Filing Date: 2025-04-03
Form Type: 424B3
Source: 0001140361-25-012065
Chunk: 46

Company: TORONTO DOMINION BANK
Filing Date: 2025-04-03
Form: 424B3
Chunk 46
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, owning or disposing of ARNs. Backup Withholding and Information Reporting The proceeds received by a holder from a taxable disposition of ARNs will be subject to information reporting unless such holder is an “exempt recipient”, and may also be subject to backup withholding at the rate specified in the Code if such holder fails to provide certain identifying information (such as an accurate taxpayer number in the case of a U.S. holder) or meet certain other conditions. A non-U.S. holder that provides an applicable, fully completed and properly executed IRS Form W-8, will generally establish an exemption from backup withholding. Amounts withheld under the backup withholding rules are not additional taxes and may be refunded or credited against the applicable holder’s U.S. federal income tax liability, provided the required information is furnished to the IRS. Non-U.S. Holders For purposes of this discussion, a “non-U.S. holder” is a beneficial owner of ARN that is: (i) a nonresident alien individual for U.S. federal income tax purposes; (ii) a foreign corporation for U.S. federal income tax purposes; or (iii) an estate or trust whose income is not subject to U.S. federal income tax on a net income basis. PS-37 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 ARNs or to generally applicable information reporting and backup withholding requirements with respect to payments on your ARNs 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) with an applicable, fully completed and validly executed 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 ARNs by a non-U.S. holder will generally not be subject to federal income tax, unless:

| • | the gain with respect to such ARNs 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 such ARNs 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                                                                                                                                                                                     |

| • | the