He says some people are buying land just to pass on to the next generation.
A midlands accountant believes the attractive relief on inheritance for farmland is driving up the price of land.
James Farrell, from IFAC in Mullingar, says the taxable value of an agricultural asset is reduced to 10 percent of the market value once you meet certain requirements - which includes an active farmer test.
He's making the comments after Ryanair boss Michael O'Leary says he's leaving his children 250 acres of land to farm and a nice house, instead of a bundle of money.
Mr. Farrell says some people are buying land to pass on to the next generation:
Calls Grow For 24 Hour Garda Station In Edenderry After Arson Attack
Appeal Date Set For Jozef Puska Over Murder Of Ashling Murphy
Offaly Town Demands Meeting With Garda Commissioner And Justice Minister
Ireland’s First Kidney Pancreas Transplant Recipient Dies Aged 68
Quality Of Life To Drive Offaly’s Appeal For Foreign Investment - Anna Marie Delaney
Hundreds Of Mourners Gather For Tadgh Farrell's Funeral
Dancing With The Stars ‘A Once In A Lifetime Opportunity’ - Rose Of Tralee
Uisce Éireann To Submit €6b Water Project Plan
Pedestrian Killed In Midlands Crash
Gardai Arrest Four Men Over Laois Prison Assault
Maura Higgins Set For Traitors US
Man Taken To Hospital Following Alleged Westmeath Assault
Osteoarthritis Programme Launched At Midlands Hospital
Laois County Fire And Rescue Service Welcomes Two New Fire Appliances
Offaly TD Welcomes New IDA Ireland Investment
Gardai Conduct House Searches In Connection With Offaly Arson Attack
Funeral For Offaly Arson Attack Victim To Be Held Today
Emergency Services At Scene Of Offaly Crash
Tadgh Farrell’s Father Denied Compassionate Bail To Attend Son’s Funeral