Valeriia Budilovska

Advisor to the Managing Partner, Parker Russell Ukraine

Regulatory Strategy | Institutional Risks | Government Relations

Specialisation

Valeriia Budilovska is Advisor to the Managing Partner of Parker Russell Ukraine, focusing on regulatory strategy, institutional resilience of business, and engagement with public authorities.


Drawing on more than 20 years of experience within Ukraine’s state tax administration system, including 15 years in senior management positions, Valeriia helps Ukrainian and international companies assess regulatory risks, build effective engagement with public institutions, and develop transparent business models capable of meeting the expectations of investors, banks, and international partners.

At Parker Russell Ukraine, Valeriia strengthens the firm’s multidisciplinary expertise in projects where businesses need to establish a clear, protected, and predictable model of interaction with the regulatory environment – including in the context of preparation for financing, due diligence, investment readiness, and corporate transformation.


Her approach combines a deep understanding of the administrative and regulatory logic of the state with a practical assessment of institutional risks for business. This enables clients to develop not a reactive, but a systematic position.


Key Competencies

● Assessment and management of institutional and regulatory risks


● Assessment and management of institutional and regulatory risks


● Support during tax audits and protection of business interests


● Preparation of business positions in complex and disputed regulatory matters


● Analysis of a taxpayer’s risk profile


● Tax governance and transparency of the business model


● Analysis of tax implications of business and management decisions


● Engagement with regulatory authorities:
State Tax Service of Ukraine, State Fiscal Service of Ukraine, Office of Large Taxpayers


● Administrative appeal of decisions issued by regulatory authorities


● Regulatory preparation for due diligence, financing, and investment


● Financial monitoring and compliance in engagement with public institutions


● SAF-T UA and regulatory digitalisation


Approach to Work

Valeriia proceeds from the understanding that regulatory and institutional risks are not separate technical matters – they directly affect trust in a business, its financial discipline, readiness to attract capital, and the resilience of its corporate architecture.

Her role is to help businesses build a systematic, rather than reactive, position within the regulatory environment – one that can withstand real scrutiny and support the confidence of banks, investors, and partners.


Education and Professional Development

International Economics

PhD studies – State Tax University, Irpin – 2024 – present

Senior Executive MBA – International Institute of Management, MIM-Kyiv – 2022 – present

Master’s degree in International Economics – Humanitarian University “Zaporizhzhia Institute of State and Municipal Administration” – 2001–2006


Experience in Public Institutions

State Tax Service of Ukraine

● State Fiscal Service of Ukraine

● Office of Large Taxpayers

● Territorial bodies of the tax service


More than 20 years in the system, including 15 years in senior management positions. Her experience covers tax control, VAT administration, audit activities, taxpayer risk analysis, financial monitoring, and the organisation of engagement with business entities.

Specialisation
  • support during tax audits;
  • tax disputes and administrative appeals;
  • analysis of tax risks;
  • tax structuring of transactions;
  • support for businesses in their interaction with regulatory authorities;
  • assessment of the tax implications of business decisions;
  • preparation of legal and tax positions for taxpayers.

Her practical experience within the Ukrainian tax authorities has shaped a deep understanding of tax control procedures, internal approaches to risk assessment, and the practical application of tax legislation. This allows her to more accurately anticipate the position of regulatory authorities, assess potential risks for businesses, and develop effective strategies to protect clients’ interests.

 

Valeriia’s professional approach is based not only on technical analysis of legislative provisions, but also on a systemic understanding of how a tax model affects business stability, regulatory resilience, and the ability to meet the requirements of banks, auditors, and financial institutions.

 

In her work, she pays particular attention to:

  • the transparency and substantiation of tax decisions;
  • minimisation of regulatory risks;
  • the quality of tax documentation;
  • preparing businesses for audits and disputes;
  • integrating tax, legal, and operational logic into a unified system for protecting business interests.

As part of Parker Russell Ukraine, Valeriia works with companies across various sectors of the economy, helping businesses navigate complex tax processes, adapt to changes in the regulatory environment, and ensure more predictable interaction with state authorities.

 

Her expertise is particularly valuable for companies that:

  • face increased tax risks;
  • are undergoing or expecting tax audits;
  • have disputes with regulatory authorities;
  • require a practical understanding of the approaches of the Ukrainian tax system;
  • seek to build a more protected and structured model of tax interaction.

Valeriia Budilovska is an advisor at Parker Russell Ukraine with a focus on tax disputes, tax control and regulatory risk management in business interactions with the tax authorities of Ukraine.

She has more than 20 years of professional experience in the system of Ukrainian tax authorities, including 15 years in management positions. Her professional background was shaped within the structures of the State Tax Service, the State Fiscal Service and the Office of Large Taxpayers, including management functions in the areas of tax control, VAT administration, audit work, financial monitoring and tax risk analysis.

At various stages of her professional career, Valeriia held management positions at:

  • the Main Department of the State Tax Service in Kyiv Region;
  • the State Tax Service of Ukraine;
  • the Office of Large Taxpayers;
  • the Main Department of the State Fiscal Service in Kyiv Region.

This professional experience provides a deep practical understanding of:

  • the internal logic of how the tax system operates;
  • the decision-making mechanisms of controlling authorities;
  • tax control procedures;
  • risk assessment systems and audit practice;
  • administrative appeals and regulatory interaction.

In her professional work, Valeriia specializes in:

  • tax disputes and administrative appeals;
  • support during tax audits;
  • tax risk analysis;
  • regulatory risk management;
  • interaction with controlling authorities;
  • assessment of the regulatory consequences of business decisions;
  • development of legal and tax positions in complex contentious situations.

Her professional approach combines deep knowledge of tax legislation, practical understanding of the internal processes of state tax administration and management experience within the system of controlling authorities. This enables more accurate assessment of regulatory risks, forecasting of the position of controlling authorities and development of a systematic strategy to protect the client’s interests.

Valeriia’s educational background combines international economics, management training and academic development in the field of tax administration. She is a PhD candidate at the State Tax University and studied under the Senior Executive MBA program at the International Management Institute.

At Parker Russell Ukraine, Valeriia strengthens the tax disputes and regulatory risk management practice, providing clients with access to expertise shaped by many years of management experience directly within Ukraine’s tax system.

Specialisation
  • support during tax audits;
  • tax disputes and administrative appeals;
  • analysis of tax risks;
  • tax structuring of transactions;
  • support for businesses in their interaction with regulatory authorities;
  • assessment of the tax implications of business decisions;
  • preparation of legal and tax positions for taxpayers.

Her practical experience within the Ukrainian tax authorities has shaped a deep understanding of tax control procedures, internal approaches to risk assessment, and the practical application of tax legislation. This allows her to more accurately anticipate the position of regulatory authorities, assess potential risks for businesses, and develop effective strategies to protect clients’ interests.

 

Valeriia’s professional approach is based not only on technical analysis of legislative provisions, but also on a systemic understanding of how a tax model affects business stability, regulatory resilience, and the ability to meet the requirements of banks, auditors, and financial institutions.

 

In her work, she pays particular attention to:

  • the transparency and substantiation of tax decisions;
  • minimisation of regulatory risks;
  • the quality of tax documentation;
  • preparing businesses for audits and disputes;
  • integrating tax, legal, and operational logic into a unified system for protecting business interests.

As part of Parker Russell Ukraine, Valeriia works with companies across various sectors of the economy, helping businesses navigate complex tax processes, adapt to changes in the regulatory environment, and ensure more predictable interaction with state authorities.

 

Her expertise is particularly valuable for companies that:

  • face increased tax risks;
  • are undergoing or expecting tax audits;
  • have disputes with regulatory authorities;
  • require a practical understanding of the approaches of the Ukrainian tax system;
  • seek to build a more protected and structured model of tax interaction.

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