http://www.adobe.com/content/dam/Adobe/en/devnet/acrobat/pdfs/js_api_reference.pdf
(page 193)
A transparent color space indicates a complete absence of color and
allows those portions of the document underlying the current field to
show through.
what about trying a color conversion?
in this wake, you can save two versions of the layer: jpg and png; use png with the right color space when transparency is needed...
I have never done it so I can't guarantee it will work
what do others think about it?