Using the N = 2 off-shell formulation in harmonic superspace for N = 4 supe
r Yang-Mills theory, we present a representation of the one-loop effective
action which is free of so-called coinciding harmonic singularities and adm
its a straightforward evaluation of low-energy quantum corrections in the f
ramework of an N = 2 superfield heat kernel technique. We illustrate our ap
proach by computing the low-energy effective action on the Coulomb branch o
f SU(2) N = 4 super Yang-Mills. Our work provides the first derivation of t
he low-energy action of N = 4 super Yang-Mills theory directly in N = 2 sup
erspace without any reduction to N = 1 superfields and for a generic backgr
ound N = 2 Yang-Mills multiplet. (C) 2001 Published by Elsevier Science B.V
.