cents and inserting $48.08 . (2) Roll-your-own tobacco Section 5701(g) of such Code is amended by striking $24.78 and inserting $48.08 . (c) Tax parity for large cigars (1) In general Paragraph (2) of section 5701(a) of the Internal Revenue Code of 1986 is amended by striking 52.75 percent and all that follows through the period and inserting $24.78 per pound (and a proportionate tax at the like rate on all fractional parts of a pound) but not less than 5.033 cents per cigar. . (2) Guidance The Secretary of the Treasury or the Secretary of the Treasury's delegate may issue guidance regarding the appropriate method for determining the weight of large cigars for purposes of calculating the applicable tax under section 5701(a)(2) of the Internal Revenue Code of 1986. (d) Tax Parity for Roll-Your-Own Tobacco and Certain Processed Tobacco Subsection (o) of section 5702 of the Internal Revenue Code of 1986 is amended to read as follows: (o) Roll-Your-Own Tobacco The term roll-your-own tobacco means— (1) any tobacco which, because of its appearance, type, packaging, or labeling, is suitable for use and likely to be offered to, or purchased by, consumers as tobacco for making cigarettes or cigars, or for use as wrappers thereof, or (2) any processed tobacco which is— (A) not removed for exportation, and (B) removed or transferred to a person who has not been issued a permit pursuant to section 5713. . (e) Tax parity for smokeless tobacco (1) In general Section 5701(e) of the Internal Revenue Code of 1986 is amended— (A) in paragraph (1), by striking $1.51 and inserting $26.04