The excitation curve for the tau+tau- production in electron positron
annihilation near the threshold is revisited with the aim of updating
and extending a previous work. We find that the corrections of the rel
ative magnitude O(alpha) near the threshold are significantly contribu
ted by the radiative modification of the Coulomb interaction between t
he tau leptons. The interpolation between the Coulomb effects at the t
hreshold and the relativistic effects at higher energies is considered
and the resulting formula is argued to have relative accuracy up to,
but not including, terms of the order of alpha2 at any velocity of the
tau leptons.