An additional less known aspect of total internal reflection is that the reflected light has an angle dependent phase shift between the reflected and incident light. Mathematically this means that the Fresnel reflection coefficient becomes a complex rather than a real number. This phase shift is polarization dependent and grows as the incidence angle deviates further from the critical angle toward grazing incidence.
The polarization dependent phase shift is long known and was used by Fresnel to design the Fresnel rhomb which allows to transform circular polarization to linear polarization and vice versa for a wide range of wavelengths (colors), in contrast to the quarter wave plate. The polarization dependent phase shift is also the reason why TE and TM guided modes have different dispersion relations.
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