Corporate Formation & Liquidation

You have been hired by a U.S. corporation that wants to form a foreign corporation through the transfer of property. Propose a strategy for the client to transfer property into the foreign corporation that will help the client to avoid or mitigate taxes.

Your client is a U.S. corporation that wants to liquidate a foreign subsidiary. Propose a strategy for your client that will help the client to avoid or mitigate the tax impact of the liquidation.

Please keep the bullet point and solution together and make the solution at least a paragraph long.