While your business may not be domiciled in California, you may be subject to the CCPA and not even know it. Beginning on January 1, 2020, the CCPA will impose new privacy obligations on certain businesses that collect personal information of California consumers and are responsible for determining the purposes and means of the processing of such information. The below quick quiz may help you identify if your business is subject to the CCPA:
The CCPA applies to businesses – not nonprofits or governmental entities -- that meet the following criteria:
1. For-profit entity "doing business" (as defined by the California Revenue and Tax Code) in the State of California; and
(a) Has annual gross revenues in excess of twenty-five million dollars ($25,000,000), subject to adjustment;
(b) Handles data of more than 50,000 people or devices; or
(c) Has 50% or more of revenue coming from selling personal information.
2. Businesses that “control” or are “controlled by” or have “common branding” with a business that satisfies the above.
As we at Interactive Accountants, LLC ("IA") work with several e-commerce sellers, this blog post is particularly for you. You many "handle" data of more than 50,000 California residents and not even know it. We encourage all our clients with California customers to review the below guide and see if you need to comply with the rules of the CCPA. We're here to help and happy to discuss this matter at your convenience.