Income tax expense · 2016–2025
Toronto Dominion Bank income tax expense
$2.4B+24.2% · FY2025
Toronto Dominion Bank (TD) reported $2.4B in income tax expense for fiscal 2025, +24.2% year on year.
| Fiscal year | Income tax expense | Change | Filing |
|---|---|---|---|
| FY20252025-10-31 | $2.4B | +24.2% | Open → |
| FY20242024-10-31 | $2.0B | −14.9% | Open → |
| FY20232023-10-31 | $2.3B | −24.6% | Open → |
| FY20222022-10-31 | $3.1B | +6.1% | Open → |
| FY20212021-10-31 | $2.9B | +235.9% | Open → |
| FY20202020-10-31 | $860M | −58.3% | Open → |
| FY20192019-10-31 | $2.1B | −16.1% | Open → |
| FY20182018-10-31 | $2.5B | +41.4% | Open → |
| FY20172017-10-31 | $1.7B | +7.4% | Open → |
| FY20162016-10-31 | $1.6B | — | Open → |
Income tax expense — Income tax expense is the tax a company charged against profit in its income statement for the year. It is not the same as the cash it handed to tax authorities: deferred tax, provisions and timing differences separate the two, often by billions. The cash figure is a different line in the cash-flow statement.
Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2016–2025 compound annual growth +4.7%
Figures are reported under IFRS in CAD and converted to US dollars at ECB reference rates — fiscal 2025 average 1.397 CAD/$ for income items, year-end 1.369 CAD/$ for balance-sheet items.
Income tax expense at companies of similar size
Cite this page
Ready-made references for the figures on this page, as published on September 25, 2026.
Wikipedia
{{cite web |title=Toronto Dominion Bank income tax expense |url=https://companiesranked.com/en/company/toronto-dominion-bank/income-tax-expense |website=CompaniesRanked |date=2026-09-25 |language=en}}APA 7
CompaniesRanked. (September 25, 2026). Toronto Dominion Bank income tax expense. CompaniesRanked. https://companiesranked.com/en/company/toronto-dominion-bank/income-tax-expenseBibTeX
@misc{companiesranked-en-company-toronto-dominion-bank-income-tax-expense-2026,
author = {{CompaniesRanked}},
title = {{Toronto Dominion Bank income tax expense}},
year = {2026},
howpublished = {\url{https://companiesranked.com/en/company/toronto-dominion-bank/income-tax-expense}},
note = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
urldate = {2026-09-25}
}The filing itself
The numbers above are read from this document: 40-F · 0001562762-25-000289 · December 4, 2025
{{cite web |title=Toronto Dominion Bank income tax expense — 40-F (0001562762-25-000289) |url=https://www.sec.gov/Archives/edgar/data/947263/000156276225000289/40f20251031.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2025-12-04}}The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.