Effective tax rate vs the actual amount of tax taken out on Income Statment

1)Suppose your Taxable Income is 1,000,000 and your effective tax rate is 30%. The taxable income on the income sheet will always be 300,000? If there is any type of deferred tax it will show on the cash flows statement?

I"m reading a 10-k report, indicating a 30 percent effective tax rate yet they only taken out roughly 25% of the actual tax.

i.e: one mil taxable income , 250k income tax.

2)Whats the easiest way to find Ebitda when the operating expenses if often embedded with more than just R+D/ SGA , stock comp etc from consolidated financial statements on the 10k/10q

We can this something like this, on ENS recent 10k report, B-63-65, find Ebidta.

Thanks!

 

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