\version "2.19.19"

m=\relative c' {
	f2-\tag #'I-only \f f |
	\tag #'I-only \resetRelativeOctave c'
	c2 c
}

\relative c' {
	s1*0^"second measure should be a jump down" 
	\removeWithTag #'II-only \m
	
	s1*0^"second measure should be a jump UP (resetRelativeOctave filtered with tag)" 
	% I try to filter out the resetRelativOctave with a tag, but that does not work. Filtering dynamics works fine!
	\transpose f c \removeWithTag #'I-only \m
}