The Toronto-Dominion Bank (TSX:TD) Tax Rate % : 21.41% (As of Jan. 2025)

View and export this data going back to 1955. Start your Free Trial

What is The Toronto-Dominion Bank Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. The Toronto-Dominion Bank's Tax Expense for the three months ended in Jan. 2025 was C$698 Mil. The Toronto-Dominion Bank's Pre-Tax Income for the three months ended in Jan. 2025 was C$3,260 Mil. Therefore, The Toronto-Dominion Bank's Tax Rate % for the quarter that ended in Jan. 2025 was 21.41%.

The Toronto-Dominion Bank Tax Rate % Historical Data

The historical data trend for The Toronto-Dominion Bank's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

The Toronto-Dominion Bank Tax Rate % Chart

The Toronto-Dominion Bank Annual Data

Trend

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Oct24

Tax Rate %

Get a 7-Day Free Trial

9.67

21.13

19.52

24.19

24.85

The Toronto-Dominion Bank Quarterly Data
	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25
Tax Rate %	Get a 7-Day Free Trial															19.11	23.52	187.71	13.38	21.41

The Toronto-Dominion Bank Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

The Toronto-Dominion Bank's Tax Rate % for the fiscal year that ended in Oct. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Oct. 2024 )	/	Pre-Tax Income (A: Oct. 2024 )
	=	2691	/	10830
	=	24.85 %

The Toronto-Dominion Bank's Tax Rate % for the quarter that ended in Jan. 2025 is calculated as

Tax Rate %	=	Tax Expense (Q: Jan. 2025 )	/	Pre-Tax Income (Q: Jan. 2025 )
	=	698	/	3260
	=	21.41 %

The Toronto-Dominion Bank Tax Rate % Related Terms

Thank you for viewing the detailed overview of The Toronto-Dominion Bank's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

The Toronto-Dominion Bank Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » The Toronto-Dominion Bank (TSX:TD) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

TDBKF.PFD:USA TD:USA 0VL8:UK TDB:Germany TDB:Germany TD.PF.J.PFD:Canada TD.PF.I.PFD:Canada TD.PF.E.PFD:Canada TD.PF.D.PFD:Canada TD.PF.A.PFD:Canada

Address

Toronto-Dominion Centre, P.O. Box 1, Toronto, ON, CAN, M5K 1A2

Website

https://www.td.com

Toronto-Dominion is one of Canada's two largest banks and operates three business segments: Canadian retail banking, US retail banking, and wholesale banking. The bank's US operations span from Maine to Florida, with a strong presence in the Northeast. It also has a 10.1% ownership stake in Charles Schwab.

Executives

Keith Martell	Director
Ayman Antoun	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Maryann Kennedy	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Barbara Ann Hooper	Senior Officer
Kelvin Vi Luan Tran	Senior Officer
Riaz Ahmed	Senior Officer
Robert E Dorrance	Senior Officer
Mark Russell Chauvin	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Anita O'dell	Senior Officer
Raymond Chun	Senior Officer
Paul Campbell Douglas	Senior Officer
Mary Christine Morris	Senior Officer
Ajai Bambawale	Senior Officer
Theresa Lynn Currie	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Jane Rowe	Director