Sept 12 (Reuters) - Taiga Building Products Ltd TBL.TO :
* Taiga building products provides update on tax reassessment
* Has received a notice of reassessment from canada revenue agency relating to co's 2005 to 2013 taxation years
* Notice of reassessment for relevant taxation years is consistent with previously disclosed proposal received by taiga
* Says in issuing reassessment in amount of $41 million cra is seeking to increase withholding taxes paid by Taiga
* Says co disagrees with cra's proposal and intends to challenge reassessment and defend its tax filings
* Expects funds deposited with cra during dispute, owed in event of an unsuccessful appeal will provided by it's two major shareholders
* Says co will be required to either immediately pay full amount owed or post security Source text for Eikon: ID:nCNWYcLLKa Further company coverage: TBL.TO