Company: TDBCP
Filing Date: 2025-02-26
Form Type: 424B5
Source: 0001193125-25-036947
Chunk: 153

Company: TORONTO DOMINION BANK
Filing Date: 2025-02-26
Form: 424B5
Chunk 153
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.S. Holder on the sale, exchange, retirement or other taxable disposition of a debt
security generally will be considered U.S.-source gain or loss.

Foreign Currency Debt Securities

The following is a summary of certain U.S. federal income tax consequences to a U.S. Holder of the ownership and disposition of a debt security
denominated in, or for which payments are determined by reference to, a currency other than the U.S. dollar (a “foreign currency debt security”).

Interest Payments

U.S.
Holders that use the cash basis method of accounting for U.S. federal income tax purposes are required to include in income the U.S. dollar value of the amount of interest received, based on the exchange rate in effect on the date of receipt,
regardless of whether the payment is in fact converted into U.S. dollars. No exchange gain or loss (as discussed below) is recognized with respect to the receipt of such payment.

U.S. Holders that use the accrual basis method of accounting for U.S. federal income tax purposes may determine the amount of income
recognized with respect to an interest payment in accordance with either of two methods. Under the first method, the U.S. Holder will be required to include in income for each taxable year the

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U.S. dollar value of the interest that has accrued during such year, determined by translating such interest at the average rate of exchange for the period or periods during which such interest
accrued (or at the average rate for the partial period within the taxable year in the case of an accrual period that straddles the U.S. Holder’s taxable year). Under the second method, the U.S. Holder may elect to translate interest income at
the spot rate on the last day of the accrual period (or last day of the taxable year in the case of an accrual period that straddles the U.S. Holder’s taxable year) or on the date the interest payment is received if such date is within five
business days of the end of the accrual period.

Upon receipt of an interest payment on a foreign currency debt security (including, upon
the sale of such debt security, the receipt of proceeds attributable to accrued interest previously included in income), an accrual basis U.S. Holder will recognize exchange gain or loss in an amount equal to the difference between the U.S. dollar
value of such payment (determined by translating any foreign currency received at the spot rate for such foreign currency on the date received) and