![Clarifications on filing of BIR Form No. 1709 or Related Party Transaction form](https://i0.wp.com/philcpa.org/wp-content/uploads/2020/08/relatedparty1.gif?resize=150%2C150&ssl=1)
Clarifications on filing of BIR Form No. 1709 or Related Party Transaction form
The Bureau of Internal Revenue recently issued Revenue Regulations (RR) No. 19-2020 introducing BIR Form No. 1709, replacing form no. 1702H series of 1992. BIR Form No. 1709 is also called Related Party Transaction (RPT) form. Various issues and questions…