The Philippines Bureau of Internal Revenue (BIR) has issued Revenue Memorandum Circular No. 76-2020. The Circular was issued to address frequently asked questions regarding the submission of BIR Form No. 1709, or the Related Party Transaction (RPT) Form, and its attachments pursuant to Revenue Regulations (RR) No. 19-2020 ({News-2020-07-27/A/6-previous coverage}). Key questions addressed inclu…