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The function that is not performed by an asset class is the calculation of taxes on asset sales. Asset classes in SAP are primarily used to define and manage characteristics of fixed assets, such as how they are categorized, their depreciation methods, and reporting structures.

Controlling the number range assignment is crucial for ensuring that each asset has a unique identifier, thereby maintaining data integrity and preventing duplication. Additionally, asset classes control screen layout rules, which determine how asset data is presented in the user interface, enhancing usability and consistency across the system. They also define default depreciation parameters, which govern how and when assets lose value over time for accounting purposes.

While taxes on asset sales are certainly an important consideration in the overall financial management process, they are not directly calculated or managed through the asset class itself. Instead, tax implications are usually addressed through broader tax management functions or modules within financial accounting systems, making option B the one that does not align with the primary roles of an asset class in SAP Financial Accounting.