Do you derive 50% or more of your annual revenue from selling the personal information of residents of Virginia? : Termageddon

Do you derive 50% or more of your annual revenue from selling the personal information of residents of Virginia? Print

Created by: Donata Stroink-Skillrud

Modified on: Wed, 7 Dec, 2022 at 9:48 AM

To answer this question, please select “yes” if you derive 50% or more of your annual revenue from selling the personal information of Virginia consumers.

In this case, “revenue” refers to the income generated from normal business operations such as sales of goods or services. Revenue is income prior to expenses such as salaries, rent, or software costs. “Sale” is defined as the exchange of personal information for money.

Related Privacy laws

This question will help the software determine whether the Virginia Consumer Data Protection Act (VCDPA) may apply to you.

Donata is the author of this solution article.

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Do you derive 50% or more of your annual revenue from selling the personal information of residents of Virginia? Print

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