Field Notice of assessment in Asset Master (Logical Field group 7)

Dear Team,
This is with regard to Field for Screen Layout in Asset Master. Under
Logical Field group 7 (Real estate and similar rights), there is a
field group with name 'Notice of assessment'. I would like to
understand exactly what this field is meant for in standard R/3?
Thanks and Regards,
Vish.

Hi,
this field has information purposes. In some countries real estate is evaluated by the government for taxation purposes. Here you can specify value, date and tax number of the last tax assessment notification.
Regards,
Markus

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