Company: TDBCP
Filing Date: 2025-02-27
Form Type: 424B3
Source: 0001140361-25-006130
Chunk: 62

Company: TORONTO DOMINION BANK
Filing Date: 2025-02-27
Form: 424B3
Chunk 62
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 you at such time would be ordinary loss to the extent of interest you included in income in the current or previous taxable years in respect of your securities, and, thereafter, would be capital loss. Contingent Short-Term Debt Instrument.Similarly, if the securities have a term of one year or less, it is possible that the securities could be treated as a debt instrument subject to special rules for short-term debt instruments. You should consult your tax advisor as to the tax consequences of such characterization. Other Alternative Treatments.The IRS could also possibly assert that (i) you should be treated as owning the Underlying Stock, the Fund or any component of an Index, (ii) any gain or loss that you recognize upon the taxable disposition of the securities should be treated as ordinary gain or loss or short-term capital gain or loss, (iii) you should be required to accrue interest income over the term of your securities, (iv) you should be required to include in ordinary income an amount equal to any increase in the Underlying Stock, Fund or PS-35 any component of an Index that is attributable to ordinary income that is realized in respect of any of the foregoing, such as interest, dividends or net rental income or (v) you should be required to recognize taxable gain upon a rollover, rebalancing or change, if any, of any component of an Index or Fund. You should consult your tax advisor as to the tax consequences of such characterization and any possible alternative characterizations of your securities for U.S. federal income tax purposes. In the case of bearish securities, the IRS could also possibly assert that you should be treated as entering into a short sale of the Underlying Stock, the Fund or any component of an Index, in which case any gain or loss on such short sale could be short-term capital gain or loss, regardless of the holding period of the securities. Medicare Tax on Net Investment Income U.S. holders that are individuals, estates or certain trusts are subject to an additional 3.8% tax on all or a portion of their “net investment income,” or “undistributed net investment income” in the case of an estate or trust, which may include any income or gain realized with respect to the securities, to the extent of their net investment income or undistributed net investment income (as the case may be) that when added to their other modified adjusted gross income, exceeds $200,000 for an unmarried individual, $250,000 for a married taxpayer filing a joint return (or a